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Where Taxpayers and Advisers Meet

transferable nil rate bands and nondoms

Nonimous
Posts:90
Joined:Thu Jul 16, 2009 12:39 pm
transferable nil rate bands and nondoms

Postby Nonimous » Wed Aug 03, 2022 11:37 am

Married couple, not UK resident, non-domiciled, no UK assets
Husband dies

Since the adult children are all living in the UK, widow comes to stay and decides to buy a property
When widow dies, even if she is still non-domiciled, there is a potential IHT charge on her home after the nil rate band and maybe the residence nil rate band depending on how often she stays in it/if she lets it out/who she leaves it to.
However - can she also have her late husband's nil rate band? Or does he not get one because he never had an estate which was chargeable to UK tax?

Jholm
Posts:360
Joined:Mon Mar 11, 2019 4:22 pm

Re: transferable nil rate bands and nondoms

Postby Jholm » Wed Aug 03, 2022 1:27 pm

Following.

One for A Goodman I'd say

AGoodman
Posts:1738
Joined:Fri May 16, 2014 3:47 pm

Re: transferable nil rate bands and nondoms

Postby AGoodman » Wed Aug 03, 2022 2:49 pm

Yes, she still gets the transferable NRBs. There's no restriction of the kind you mention.


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