What is the residence nil-rate band?

England & Wales · Inheritance Tax

Quick answer

The residence nil-rate band is an extra inheritance-tax allowance of up to £175,000 that applies when your main home passes to direct descendants — children, grandchildren, stepchildren or adopted children. It sits on top of the £325,000 nil-rate band, transfers between spouses, but tapers away for estates worth over £2m.

Detailed explanation

It was introduced to take the family home out of inheritance tax for many estates.

Example scenario

A couple's combined allowances — two £325,000 nil-rate bands plus two £175,000 residence bands — total £1m, so a £1m estate with the home passing to the children pays no inheritance tax.

What happens next?
  1. Complete the questionnaireA few guided questions about you, your family and your wishes.
  2. Human reviewYour answers are checked by the ClearLegacy editorial team for completeness.
  3. Receive your documentsYour will and supporting paperwork are produced, ready to print.
  4. Sign correctlyClear instructions on signing and witnessing so the will is legally valid.
  5. Protect your familyYour wishes are recorded and your loved ones are spared the intestacy default.

Sources

  1. GOV.UK — How Inheritance Tax works: thresholds, rules and allowances
  2. GOV.UK — Inheritance Tax: residence nil rate band
  3. HMRC — Inheritance Tax statistics 2024/25
Reviewed by
ClearLegacy editorial team
Last reviewed
June 2026
Next review
December 2026
Jurisdiction
England & Wales

See your estate's risks in 3 minutes.

The free ClearLegacy Estate Risk Assessment flags the gaps that cause disputes, delays and tax.

Check my estate risk

Protect the family home.

Check my estate risk