Archive for December 29th, 2007

Since Alistair Darling’s Pre-Budget Speech on October 9 2007, there have been a number of reports in the press stating that will planning using the nil-rate band of the first of a married couple to die will no longer be necessary as you can now transfer the nil-rate band between spouses and civil partners.

(The Nil-rate Band is currently 300,000, and upon death a tax rate of 0% applies to the estate value up to this amount).

This is generally true, but there will st (more…)