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  • 1 week ago
Martin Lewis shares two marriage rules that could affect your inheritance taxITV
Transcript
00:00Now, there are two crucial married rules you need to understand when it comes to inheritance tax.
00:04Rule number one, the first thing is there is no inheritance tax on anything left between spouses,
00:10married or civil partners, not just living together.
00:12Even if you are Bruce Wayne leaving £100 billion to your husband or wife,
00:18you do not, there is no inheritance tax paid on that whatsoever.
00:22Most of you probably know that, yeah?
00:24Here's the one that people don't know that has even bigger impact for many people in practice.
00:28The second rule, you can leave any unused allowance to your spouse, married or civil partner again only.
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