Policy paper
Inheritance Tax nil-rate band and residence nil-rate band thresholds from 6 April 2026
This tax information and impact note is about the nil-rate band and residence nil-rate band thresholds for tax years 2026 to 2027 and 2027 to 2028.
Documents
Details
This measure fixes the tax-free thresholds and the residence nil-rate band taper available for Inheritance Tax at their current levels for tax years 2026 to 2027 and 2027 to 2028.
This means qualifying estates can continue to pass on up to £500,000 and the qualifying estate of a surviving spouse or civil partner can continue to pass on up to £1 million without an Inheritance Tax liability.