This Content Was Last Updated on January 9, 2016 by Jessica Garbett


Following the recent announcement in the pre budget of the ability for married couples to transfer the unused nil rate band from the first deceased spouse to the second, HMRC have published a nil rate band table going back to 1914 – so if your partner died in 1914, and you plan to pop your cloggs this year then the answer is here:

NB some quick maths. Assuming 16 was the legal age for marriage, and you were unfortunate enough to have your spouse drop down dead within a few months of your 1914 marriage and then not to remarry, if you are still alive now I reckon you must be 109 years old.