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IHT

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › IHT

  • This topic has 2 replies, 2 voices, and was last updated 14 years ago by us.
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  • June 4, 2011 at 2:18 pm #48909
    us
    Member
    • Topics: 2
    • Replies: 7
    • ☆

    i wanted to know wether annual exemption is applicable for life tax too or just the death tax?

    June 4, 2011 at 3:36 pm #82959
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Annual exemptions are only for lifetime gifts
    Hope this helps

    June 4, 2011 at 4:06 pm #82960
    us
    Member
    • Topics: 2
    • Replies: 7
    • ☆

    but in question no 43(ii) (HELGA EVANS) in the kaplan kit,they have deducted the annual exemption of 6000..i got confused from there :S

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