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Residence nil rate band
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21397astra
Posts: 1 Newbie
My father died in November 2016 and he left his home to me and my sisters. The property was sold in May 2017, which I believe is after the introduction of the residence nil rate band. Does this additional nil rate band amount apply from the date of sale (in which case I think we can use the nil rate band) or from the date of death (in which case I guess we can't). Or have I got that all wrong? Would appreciate your help.
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It applies from the date of death.1
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