Brand Bitesize: Transferring Nil Rate Band between spouses/civil partners
Last updated on May 26th, 2023 at 1:53 am
Are you a visual learner? You’re going to love this new feature on the blog! Watch short, informative videos designed to help you prepare for your CII exam. This one is all about transferring the Nil Rate Band between spouses/civil partners – perfect for your CII R03 or AF1 exam revision.
THIS ARTICLE IS RELEVANT TO EXAMINABLE TAX YEAR 2021/22.
Introducing Brand Bitesize!
In these short, ‘bite-sized’ videos, we will be sharing some useful tips to help you grasp key concepts you will need to understand before you take your CII exam.
Topics will vary across the Diploma syllabus, so keep an eye out for the Brand Bitesize videos relevant to your exam.Check out this short, informative video - it's Brand Bitesize, and this one's all about Transferable Nil Rate Band - useful for #CII #R03 and AF1 exam revision. Click To Tweet
Transferable Nil Rate Band
In our first Bitesize video, we take a look at how the Nil Rate Band can be transferred between spouses and civil partners. The most important thing to remember is that it is the unused percentage that transfers, not the amount in pounds. You can find out more, including a worked example, in the Brand Bitesize video below.
Grab the resources you need!
If you’re studying for your CII R03 exam, and you’re aiming for a comfortable pass, you need to get all the practice you can. Grab our free taster to try out one of Brand Financial Training’s resources for yourself. Click the link to download the R03 calculation workbook taster now!
Alternatively, you can try the taster for AF1 if you’re studying for that exam.