Hello sir,
In IHT ,what is additional tax on lifetime transfer on death of donor?
And in this why it says within NRB ,no tax to pay.
It’s in Bpp kit (latest one )q no.204
And in q no.205) Kendra could you please explain “as the property is not expected to increase in future ,no IHT benefit in making a lifetime gift.”
Many thanks
Ask the Tutor ACCA TX-UK
IHT
I do not have the exam kit to look at and therefore make comment - but again I need to ask whether you have worked through the OT lectures and study notes?
Sign into reply to this topic.