[J8542]

That makes sense 🙂 Thanks again

[J8542]

Thank you, may I ask a follow up question? What’s the logic behind this rule? I found it a bit unfair to someone who didn’t use the NRB (like the one in the example). Google said it’s a fairness concern. Any input is appreciated!

[J8542]

“The NRB must be reduced by the gross chargeable transfers (GCTs) made in the previous seven
years. During the donor’s lifetime GCTs only include CLTs, not PETs.”

Found it! Sorry for bothering.

[J8542]

Hi, I watched the recording of the whole chapter twice and still don’t get it. Do you mind shred some light here? Thanks.

[Author]

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