IHT Lecture Part 2 Example 1

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May 11, 2024 at 9:12 am #705244
Patrickizzo
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18:07 why is there no need to add the 65500 tax due with the chargeable amount 327500 to reach the gross c/f ? we added 500 in the first transaction with 314500 to reach the c/f gross. why not on the last transaction?
May 12, 2024 at 3:11 pm #705285
JillyB
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Becasue you only add the tax back when the donor is paying it
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