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Inheritance Tax

This topic has 1 reply, 2 voices, and was last updated 9 years ago by Tax Tutor.

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October 5, 2015 at 10:31 pm #275093
beladoba
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- Topics: 1
- Replies: 0
Respected Concern
If you make the solution of the following question i will get my answer.
The question is:
Dee ceased died on 01 March 2015 with a Chargeable Estate £500,000 having made the following gifts:
01 August 2009 £278,000 cash into a trust
01 September 2009 £296,000 cash to son
Required:
a. Calculate the IHT on lifetime gross transfers chargeable on death?
b. Calculate the IHT on Death Estate?
October 7, 2015 at 11:50 am #275354
Tax Tutor
Member
- Topics: 2
- Replies: 3965
I think it would be a better idea if you show me your answer based on your reading of the OT study notes and I will tell you whether you are right!
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