Inheritance Tax
(asked on 8th April 2025) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will take steps to increase Inheritance Tax thresholds.
This question was answered on 28th April 2025
The previous Government fixed the nil-rate band and residence nil-rate band at their current levels until the end of 2027-28.
This Government set out its plans for inheritance tax thresholds at Autumn Budget 2024 by fixing the nil-rate band and residence nil-rate band at their current levels for a further two years in 2028-29 and 2029-30. This is included in Finance Act 2025.