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United Kingdom · Question · Written question

UIN 14346

Inheritance Tax: Single People

answeredUnited Kingdom· UK Parliament· EN

Introduced

16 February 2024

Last action

23 February 2024 · Answer

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Answered

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Discovery layer

Source updated

23 February 2024

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the impact of inheritance tax on single divorcees.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 16 February 2024

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the impact of inheritance tax on single divorcees.

    Source: Commons

  2. 23 February 2024

    Answer

    The estates of all individuals benefit from a £325,000 nil-rate band for inheritance tax. The targeted residence nil-rate band is a further £175,000 and is available to those passing on a qualifying residence on death to their direct descendants, such as ...

    Source: Written answer

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