Policy paper
Inheritance Tax: thresholds
This measure fixes Inheritance Tax thresholds at their current levels for the tax years up to and including 2030 and 2031.
Documents
Details
The Inheritance Tax nil-rate band, residence nil-rate band and residence nil-rate band taper will be fixed at their current levels for the tax years up to and including 2030 to 2031.
The combined £1 million allowance for 100% Agricultural Property Relief and Business Property Relief will be fixed for the tax years up to and including 2030 to 2031.
Updates to this page
Published 26 November 2025