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Inheritance Tax Thresholds

whu
whu Posts: 23,461 Forumite
10,000 Posts Combo Breaker
Hi
Would appreciate a quick response to this if possible:
I know the current nil rate band is £312000 (multiplied by two)
Are the proposed rates of £325000 and £350000 for the next 2 years enshrined in law or are they only proposals.
Many thanks.
Keep the Faith:cool:

Comments

  • baby_boomer
    baby_boomer Posts: 3,883 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    They are just the minimum a Labour Government under Gordon Brown would dare permit in its future budgets since he proposed them.

    Obviously a Tory government would go higher.

    I can't see a Labour government under someone else committing political suicide by reneging on Gordon's concession.
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