does 7 yr accumulation covers PET's if so when ?
Ask the Tutor ACCA TX-UK
IHT (7 yr accumulation)
Yes if the PET has become chargeable as a result of death, So in lifetime calculations PET's are not chargeable so no issue for 7 year cumulation but if they become chargeable as a result of death then yes.
Hope this helps
Hope this helps
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