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may I clarify what you refer to it being entitled to inheritance tax please? The reason I ask is inheritance taxes payable to HMRC not to individuals? are you able to kindly clarify your query?
thank you for the clarification. providing your husband did not use any of his nil rate band allowance, for example because he left everything to you, then you would be entitled to claim his unused nil rate band allowance and uplift that to the current value today. So for example, if you did not use any of his nil rate band allows, you would have his full unused nil rate band allowance uplifted to £325,000 at today's value available to add to your own. if you own a property and you plan to leave any part of the property to children you have, you also will be able to use your main residence nil rate band of £175,000 in respect of any such gift and you would also be able to claim your husband's unused main residence nil rate band of equal amount even though this did not exist at the time he passed away