[mahboba]

In IHT … does LIFETIME mean…. 7 years???

Sir, thanks in advance 🙂

[mahboba]

My confusion is that Nil Rate Band is for lifetime… So in this problem 200000 is already used in 2005 for the first CLT, then 125000 is used @ death for the 2nd CLT.

The nil band is done…. Then how come the other 45000 (325-280) is being deducted from the death estate IHT liability ?

[mahboba]

Thank you so much 🙂

[mahboba]

Thank u 🙂

[mahboba]

thank u 🙂

[mahboba]

@mahboba said:
Hi there,
differences between Income tax & corporation tax in these cases
* property income
* Tax adjusted trading profit ( is it same for both? any differences in calculation?)
* Interest income
* Qualifying Charitable Donations

[mahboba]

Hello there…

Can anybody help with this please??

[mahboba]

Thank you for your help.

@inqo999 🙂

[mahboba]

Thank you

@osuja…

Was very helpful 🙂

[Author]

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