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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Inheritance Tax Example 4
In example 4 at the end we get a chargeable estate of £758,000 and a gross chargeable transfer in seven years before the death of £628,250.
So my question is: if the amount of gross chargeable transfer was less than NRB it would have been deducted with NRB and then the amount left from it would have been deducted with £758,000?
correct
