Annual exemption Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Annual exemption This topic has 0 replies, 1 voice, and was last updated 5 years ago by AverageAndy. Viewing 1 post (of 1 total) Author Posts July 16, 2020 at 4:09 am #576944 AverageAndyMember sir if a person sets off his/her lifetime transfer against Annual Exemption(AE) amount, but after 5 yrs of transfer taking place the donor dies, so will the IHT be payable on that PET?? Author Posts Viewing 1 post (of 1 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In