UK rules · iht.residence_nil_rate_band
Residence nil-rate band
The extra threshold when a home passes to direct descendants, and its taper above £2 million.
Validated v1UKIn force 6 April 2020 to 5 April 2030
| amount | £175,000 |
| taper ratio | 50% |
| transferable | true |
| taper threshold | £2,000,000 |
“6 April 2020 | 5 April 2030 | £175,000. (gov.uk/guidance/check-if-you-can-get-an-additional-inheritance-tax-threshold: reduced or tapered away for estates worth more than £2 million by £1 for every £2 over £2 million; must have left their home ... to their direct descendants)”
Source: HMRC: www.gov.uk/government/publications/rates-and-allowances-inheritance-tax-thresholds-and-interest-rates/inheritance-tax-thresholds-and-interest-rates · checked 6 October 2026 · page last updated 5 April 2026
Version history
No changes have been published since the dataset was first verified.