IHT-AE

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December 22, 2020 at 3:09 pm #600574
hanh4294
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Dear Tutor

Can you help me explain the illustration 13 on taxation note that why a gift to trust on 25 Mar 2020 why not continue exempt AE 2020/2021 while 3,000 gift for each year is exempt?

Thanks for your supportung
December 29, 2020 at 12:51 pm #601117
Tax Tutor
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The CLT is in the 2019/20 tax year NOT 2020/21
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