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Inheritance tax

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

  • This topic has 3 replies, 3 voices, and was last updated 1 week ago by JillyB.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • March 1, 2023 at 10:13 am #679871
    renivarghese
    Participant
    • Topics: 3
    • Replies: 0
    • ☆

    Doubt regarding Kaplan question 197..as my doubt is the gross chargeable amount along with the amount of vat paid by donor is also taken to find the death tax or the gross chargeable transfer without the iht paid by donor during life time?

    March 1, 2023 at 4:36 pm #679898
    JillyB
    Moderator
    • Topics: 0
    • Replies: 273
    • ☆☆☆

    I do not have access to Kaplan books and VAT is not related to IHT

    March 8, 2023 at 1:54 pm #680498
    Precious
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    Hi Jilly

    On the first lecture on IHT why is the annual exempt amount carried forward 500 instead of 2500?

    March 9, 2023 at 9:57 am #680806
    JillyB
    Moderator
    • Topics: 0
    • Replies: 273
    • ☆☆☆

    Because we only need 500 to bring the PET to nil

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