INHERITANCE tax is levied on estates that are being passed on when a person has died so long as the value of the estate is above a certain threshold. Some particularly large estates may be able to qualify for what is known as the residence nil rate band .
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Inheritance tax: Residence nil-rate band ‘valuable’ for families seeking to avoid IHT bill
![Inheritance tax: Residence nil-rate band ‘valuable’ for families seeking to avoid IHT bill]()
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