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Inheritance Tax

What is the Residence Nil Rate Band (RNRB)?

The Residence Nil Rate Band is an additional Inheritance Tax allowance available where a qualifying residential property is included in the estate and passes to a direct descendant. It can significantly reduce or eliminate an IHT liability on qualifying estates.

How much is it?

For the 2024 to 2025 tax year, the RNRB is £175,000 per person. Combined with the standard nil rate band of £325,000, a qualifying individual could have a total IHT-free threshold of £500,000. Where a married couple both qualify, the combined threshold can reach £1 million.

Who qualifies?

The RNRB applies where the estate includes a qualifying residential property that the deceased has lived in at some point during their ownership, and that property passes to a direct descendant. Direct descendants include children (including adopted, fostered, and step-children), grandchildren, and further lineal descendants.

What if the estate is large?

The RNRB tapers away for estates with a net value above £2 million. For every £2 above this threshold, £1 of RNRB is withdrawn. Getting this calculation right requires an accurate net estate figure.

YouCanDoProbate determines whether the RNRB applies and calculates the correct amount automatically. The relevant sections of the IHT400 are completed accordingly.

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Trustpilot five star rating
I received my Grant of Probate two…

I received my Grant of Probate two weeks after using this service. It was incredibly simple to use, the instructions and prompts were clear and concise. All the calculations were done for me. So much quicker than using a solicitor and much much cheaper. I made the application in between Christmas and New Year when most solicitors would have been closed. Probate was granted on 5th January. Using this service was money well spent.

Nicola Lavis
Trustpilot five star rating
Provided clear and precise instructions…

Provided clear and precise instructions as to what needs to be done. Made a complex process straight forward, especially for relatively simple estates.

Dean
Trustpilot five star rating
This was a god send to me

This was a god send to me, made it all so simple and the support you receive if you have any questions or get stuck is amazing.

Sam Macleod
Trustpilot five star rating
Was really concerned i would struggle…

Was really concerned i would struggle with this but it was an absolute breeze. Great platform and so user friendly.

Shaun Cherry
Trustpilot five star rating
Why would you not use this excellent service

Very straightforward process which explained everything required to fill out the form. This coupled with excellent back up with regard to speaking to somebody if clarification was required & explained in simple terms. Very recommended and good value for money.

Mr Trevor Niblett
Trustpilot five star rating
Excellent package

Excellent package easy to follow and good help service if needed – probate obtained in six weeks – thankyou

mark
Trustpilot five star rating
An excellent service

Really easy to use and an excellent and speedy help line if you have a query. All in all very good value foe money.

Michael Trenerry
Trustpilot five star rating
Save £2000 pr more by using You Can Do Probate

YouCanDoProbate saved me over £2000 (maybe £2500). Their fee of £399 bought me access to an online process that took me step by step through what would otherwise have been a very daunting task – as I suspect it would be for most people. The objective is to obtain a Grant of Probate and however many copies you require. The fee also includes advisors on the end of a telephone should clarification or advice be required – and when one was not immediately available they called me back very quickly. I called them 3 or 4 times and each time the advisor was patient, thorough, very knowledgeable and extremely helpful – each time stressing that if I had further questions I should not hesitate to call them again. The online process (which comes with a comprehensive online guide for each section needed to be completed) called for a lot of information to be entered; mostly regarding the banks, building societies, funeral expenses and much more but if it is not immediately to hand, the process allows you to step out as may times as you like and all the information already entered is retained. It can seem daunting at first but the more I stuck at it, the easier it seemed to get. The end result of the online process is a PA1P Probate Application form which is 90% auto-filled based on the information I entered as I stepped through the online process. Depending on circumstances, other forms may also need to be generated. Once I printed out the form and checked it over, it was simply a case of sending it to HM Courts and Tribunal Service along with a death certificate and the original will (in my case) along with a cheque for £300 plus a £1.50 fee for each Grant of Probate copy required. I believe that had I gone through a solictor to apply for a Grant of Probate, I was probably going to have to pay around £3,000 so YouCanDoProbate saved me a lot of money. I could not recommend them highly enough.

Ian Boulton
Trustpilot five star rating
We followed all the instructions on how to complete the form and would recommend this site to anyone.

We followed all the instructions on how to fill in the appropriate spaces. As it was done at the weekend there was no one to speak to but on Monday when I got in a bit of a muddle Tom talked me through what I had to do. It all worked out fine in the end & I would recommend them to anyone who wanted to tackle Probate themselves.

PATRICIA KENNARD
Trustpilot five star rating
Luckily we came across the…

Luckily we came across the “YouCanDoProbate” website which instantly transformed the task of applying for Grant Of Probate into a much less time consuming much more straightforward and easy to follow process. Considerably cheaper than using a solicitor plus comprehensive & friendly support throughout the process from Tom. Would thoroughly recommend this service to anybody. Thank you.

Marlene
Trustpilot five star rating
It was all clear and concise…

It was all clear and concise instructions. You could leave the site at anytime and all your work is saved so you can go back to where you left off. The only negative I feel is that it doesn’t tell you until the end that you have to pay more money which was abit of a shock so maybe you could just make your applicants aware that it isn’t just £399. Thankyou though still as it only took 3 weeks to get the probate done and to become the administrator of my mums estate.

W.m.porteous
Trustpilot five star rating
Excellent solution

Excellent solution Easy no nonsense approach to take you through the process

Sarah
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Additional costs: The probate registry fee of £526 (for all estates over £5,000) and any additional official copies at £2 each. (Payable directly to HM Courts and Tribunals Service by cheque or postal order, enclosed with your application forms).
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© YouCanDoProbate • YouCanDoProbate is a trading name of Kabing Ltd.
YouCanDoProbate is an online platform providing legal forms and information. YouCanDoProbate is not a law firm and is not regulated by the Solicitors Regulation Authority (SRA). Our online probate and inheritance tax service is an online platform providing probate and inheritance tax forms and information to allow you to complete inheritance tax returns and apply for probate yourself. Our telephone, email and livechat support provides guidance only, we do not provide bespoke advice, including estate planning or tax advice and it is not a substitute for a lawyer’s advice about complex estate planning or tax issues.
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