IHT Part 1(Technical article)Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › IHT Part 1(Technical article)This topic has 1 reply, 2 voices, and was last updated 7 years ago by Tax Tutor.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts August 21, 2017 at 4:38 pm #402802 CandyMemberTopics: 135Replies: 79☆☆☆Example 7.Son received £320.Can you please explain why this was not covered by the nil rate band for the tax years? As no mention of any other assets etc during that year.Many thanks August 22, 2017 at 1:26 pm #402943 Tax TutorMemberTopics: 2Replies: 3965☆☆☆☆☆We apply the nil rate band to the earliest transfer first – the CLT. Have you worked through the OT course notes – are you confusing nil rate band with the AE??????AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In