{
  "table": "net-worth-calculator-thresholds",
  "schema": 1,
  "version": "2026-11-11.2",
  "title": "Wealth thresholds a net worth is compared with: France (IFI) and United Kingdom (inheritance tax)",
  "doc": "Rule table read by the net-worth-calculator handler (ctx.data['net-worth-calculator-thresholds']). Net worth itself is pure arithmetic (what you own minus what you owe) and needs no table; this table holds only the legal thresholds the result is compared with, to show an information notice, never a tax figure. Amounts are in the country's currency, in major units; percentages are percentage points (30 means 30 %). France: the real estate wealth tax (impôt sur la fortune immobilière, IFI) is due by a tax household whose net taxable real estate on 1 January is above 1 300 000 € (code général des impôts, article 964, in force since 1 January 2018); the main home is valued with a 30 % allowance (article 973); debts linked to the taxable property are deducted under article 974. United Kingdom: inheritance tax is charged at 40 % on the part of an estate above the £325,000 nil-rate band; leaving a home to children or grandchildren can raise the threshold to £500,000 (residence nil-rate band of £175,000, since the 2020-21 tax year); everything left to a spouse or civil partner is exempt. Table-level valid_from/valid_until bound the period during which this version may be relied on: French finance laws usually take effect on 1 January and UK thresholds change only at a Budget, so the table must be reviewed before 1 January 2027. Entry-level valid_from/valid_until bound each value; a null valid_until means in force until changed. source_url is the primary source, source_date that source's own date, retrieved the date the value was read there.",
  "reviewed_on": "2026-11-11",
  "reviewed_by": "apps-calculators agent (automated research against official sources, 2026-11-11); owner review pending",
  "valid_from": "2026-11-11",
  "valid_until": "2026-12-31",
  "locale_country": {
    "fr-FR": "FR",
    "en-GB": "GB"
  },
  "countries": {
    "FR": {
      "name": {
        "fr-FR": "France",
        "en-GB": "France"
      },
      "currency": "EUR",
      "ifi": {
        "id": "fr-ifi",
        "threshold": 1300000,
        "threshold_rule": "strictly above: CGI art. 964 taxes households whose real estate assets are « supérieure à 1 300 000 € »",
        "main_home_allowance": 30,
        "assessed_on": "1 January of the tax year",
        "legal_basis": "Code général des impôts, articles 964 (threshold), 973 (30 % allowance on the main home) and 974 (deductible debts)",
        "valid_from": "2018-01-01",
        "valid_until": null,
        "source_url": "https://www.service-public.gouv.fr/particuliers/vosdroits/F563",
        "source_date": "2026-03-06",
        "retrieved": "2026-11-11",
        "see_also": [
          {
            "label": "Légifrance: code général des impôts, article 964 (version in force on 11 November 2026, since 1 January 2018)",
            "url": "https://www.legifrance.gouv.fr/codes/id/LEGISCTA000036384997/",
            "retrieved": "2026-11-11"
          }
        ]
      }
    },
    "GB": {
      "name": {
        "fr-FR": "Royaume-Uni",
        "en-GB": "United Kingdom"
      },
      "currency": "GBP",
      "iht": {
        "id": "gb-iht",
        "nil_rate_band": 325000,
        "threshold_rule": "strictly above: GOV.UK says tax is only charged on the part of an estate above the threshold",
        "with_home_threshold": 500000,
        "residence_nil_rate_band": 175000,
        "rate": 40,
        "scope": "The whole United Kingdom: inheritance tax is not devolved to Scotland, Wales or Northern Ireland.",
        "legal_basis": "Inheritance Tax Act 1984, section 7 and Schedule 1 (nil-rate band and rate), section 8D (residence nil-rate band)",
        "nil_rate_band_from": "2009-04-06",
        "residence_nil_rate_band_from": "2020-04-06",
        "valid_from": "2020-04-06",
        "valid_from_rule": "the latest start of the values in this entry: the £325,000 nil-rate band holds since 6 April 2009, the £175,000 residence nil-rate band (so the £500,000 with a home) since 6 April 2020",
        "valid_until": null,
        "source_url": "https://www.gov.uk/inheritance-tax",
        "source_date": "2024-11-08",
        "retrieved": "2026-11-11",
        "see_also": [
          {
            "label": "GOV.UK: Inheritance Tax thresholds and interest rates (nil-rate band £325,000 from 6 April 2009 to 5 April 2031; residence nil-rate band £175,000 from 6 April 2020 to 5 April 2030; page updated 6 November 2026)",
            "url": "https://www.gov.uk/government/publications/rates-and-allowances-inheritance-tax-thresholds-and-interest-rates/inheritance-tax-thresholds-and-interest-rates",
            "retrieved": "2026-11-11"
          },
          {
            "label": "legislation.gov.uk: Inheritance Tax Act 1984, Schedule 1 (nil up to £325,000, then 40 %, for transfers on or after 6 April 2009)",
            "url": "https://www.legislation.gov.uk/ukpga/1984/51/schedule/1",
            "retrieved": "2026-11-11"
          },
          {
            "label": "legislation.gov.uk: Inheritance Tax Act 1984, section 8D (residential enhancement of £175,000 from 2020-21)",
            "url": "https://www.legislation.gov.uk/ukpga/1984/51/section/8D",
            "retrieved": "2026-11-11"
          }
        ]
      }
    }
  }
}