IHT

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July 16, 2020 at 2:15 am #576941

AverageAndy
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“IHT is charged on:

-a transfer of value
-of a chargeable property
-by a chargeable person”

sir as far as the 3rd point is considered, if a NON-TAXPAYER transfers huge amount of property to his descendants then IHT won’t be applicable, because technically he is not a
chargeable person??
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