IHT (7 yr accumulation)

This topic has 1 reply, 2 voices, and was last updated 15 years ago by Tax Tutor.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
June 4, 2011 at 6:22 pm #48920
daredevil87
Member
- Topics: 1
- Replies: 10
does 7 yr accumulation covers PET’s if so when ?
June 5, 2011 at 10:25 am #82977
Tax Tutor
Member
- Topics: 2
- Replies: 3960
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
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.