The UK's New Residential Nil Rate Band: Are You Affected?
The Expat|August 2017

The UK's New Residential Nil Rate Band: Are You Affected?

AS OF 6TH APRIL 2017, homeowners in the UK with estates below £2m will be able to transfer their primary residence to family members with a huge reduction in inheritance tax.

This is thanks to the newly introduced Residence Nil Rate Band (RNRB) that applies to estates where a home, or share of one, is left to direct descendants of the deceased when their estate is valued at under £2m (rising to £2.35m in 2021/22). Direct descendants include stepchildren as well as children (including step, foster, and adopted children) and grandchildren but not siblings, nephews, or nieces.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM THE EXPATView All

Exploring Laung Prabang

Laid-back and unassuming, Laos is one of the region’s most intriguing travel destinations. Editor Chad Merchant visits the UNESCO World Heritage town of Luang Prabang and finds it the country’s perfect starting point.

5 mins read
The Expat
August 2017

Experience The Wonder Of Myanmar's Biggest Festival

Experience The Wonder Of Myanmar's Biggest Festival

5 mins read
The Expat
August 2017

The UK's New Residential Nil Rate Band: Are You Affected?

The UK's New Residential Nil Rate Band: Are You Affected?

2 mins read
The Expat
August 2017

Kuala Selangor: Wetlands Of Significance

Not far from the urban chaos of Kuala Lumpur lies a gem of a nature park, complemented by some of the best seafood around. David Bowden makes the short trip to Kuala Selangor and finds plenty to enjoy.

6 mins read
The Expat
August 2017

The Streets Of The City

Getting out of your car and exploring a city’s streets on foot can reveal a great deal about the area. Photojournalist David Bowden puts on a comfy pair of shoes and strolls around three very different streets in Kuala Lumpur to learn their stories.

10 mins read
The Expat
August 2017

Expat News

Expat News

3 mins read
The Expat
August 2017

Discover Kuala Lumpur

Though Kuala Lumpur is a relatively compact city, there is plenty to see and do. Food, shopping, and cultural attractions are on every corner, and it’s up to you to indulge in all that this bustling city has to offer.

5 mins read
The Expat
August 2017

Weekend Zen

If the thought of another weekend in the city has you down and you’re looking for a short escape to rejuvenate your mind and spirit, consider these eco-minded getaway retreats – all located just a short and easy driving distance from Kuala Lumpur. 

7 mins read
The Expat
August 2017

A Curation Of Malaysian Art

A Curation Of Malaysian Art

4 mins read
The Expat
August 2017

KL's Major Arts Festival Is Back!

Here are just a few of the interesting performances that are scheduled to be held in September.

3 mins read
The Expat
August 2017
RELATED STORIES

POKÉMONSTER HUNTER

MONSTER HUNTER STORIES 2: WINGS OF RUIN is an approachable spin-off.

3 mins read
PC Gamer US Edition
November 2021

FACEBOOK SLAMS UK ANTITRUST WATCHDOG OVER CALL TO SELL GIPHY

Facebook has criticized the U.K. competition watchdog’s provisional decision ordering that it sell offGiphy because it said the acquisition of the company stifles competition for animated images.

1 min read
Techlife News
Techlife News #515

Tuning In to a Happier City

Noise is an irritant of urban life. But there are ways to make it easier on the ears—and the psyche

10+ mins read
Bloomberg Businessweek
September 06, 2021

TIKTOK TO LET USERS SHOP THROUGH APP WITH SHOPIFY DEAL

TikTok users will soon be able to buy stuff directly through the short videos on the app — something they had only been able to do through ads until now.

1 min read
AppleMagazine
August 27, 2021

Revival of the Fittest

ORIGIN EFFECTS RD COMPACT HOT ROD

4 mins read
Guitar World
October 2021

FACEBOOK'S OWNERSHIP OF GIPHY HURTS COMPETITION

Facebook’s ownership of Giphy will hurt competition for animated images, U.K. regulators said Thursday, meaning the social network could ultimately be forced to unwind the deal if the provisional findings are confirmed.

2 mins read
Techlife News
Techlife News #511

SHOCK & AWE

COMPANY OF HEROES 3 is coming to wake up the RTS genre.

10+ mins read
PC Gamer US Edition
October 2021

JINJER

Parents go to great lengths to support their children’s dreams.

3 mins read
Inked
March 2021

A PARENT'S GUIDE TO PROGRAMMING

Mike Bedford investigates which languages to consider if you want to help your children get a head start in coding

10+ mins read
Maximum PC
August 2021

DOUBLE THE FUN

DOUBLE-HANDED RACING HAS BEEN THE STAND-OUT SUCCESS STORY OF RECENT YEARS. JAMES BOYD FINDS OUT WHY IT’S SO POPULAR

10+ mins read
Yachting World
August 2021