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WordNet-Online
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Definitions from the WebNil-RateDefinition:Nil-Rate refers to the tax-free threshold or allowance for a specific tax, such as inheritance tax or capital gains tax. Usage:Noun:- The nil-rate represents the maximum amount of money that can be inherited tax-free. - After reaching the nil-rate, any inheritance above that will be subject to inheritance tax. - The nil-rate for inheritance tax in the United Kingdom is £325,000. - Understanding and utilizing the nil-rate properly can help minimize tax liabilities. Related Products: | ||||
nikolai ivanovich lobachevsky nikolai lenin nikolai vasilievich gogol nikolauf nikolic nikomed nikon nikosia nil-rate nil nil poir nila niladic nilateral nild nile nile crocodile
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