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inheritance tax

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › inheritance tax

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by Tax Tutor.
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  • May 24, 2018 at 12:53 pm #453733
    hagun527
    Member
    • Topics: 17
    • Replies: 2
    • ☆

    hello
    in the notes page 142, illustration 7, only calculate IHT on 2 PET ech of 200,000, however why the estate 750,000 doesn’t need to calculate IHT
    thank you

    May 29, 2018 at 9:49 am #454576
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    If you read the note at the bottom of the illustration you will see that tax on the chargeable estate is computed and explained

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