Written Question·Treasury·UIN 65684
Inheritance Tax: Social Mobility
Tabled: 7 July 2025
Answered: 15 July 2025
Question
Matt Vickers
Conservative — Stockton West
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of changes to inheritance tax on social mobility.
Answer
James MurrayThe estates of all individuals benefit from a £325,000 nil-rate band for inheritance tax. The residence nil-rate band is a further £175,000 and is available to those passing on a qualifying residence on death to their direct descendants, such as children ...
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