Hi, why did the gift to the nephew count as a remoter ancestor exemption and also even if it did why did you deduct 1000 (the amount for other parties) instead of 2500 which is the exemption for remoter ancestors? I'm a bit confused as I have no idea which marriage exemption applies to this specific scenario
Ask the Tutor ACCA TX-UK
Inheritance Tax - Illustration 2
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Nephew and niece always classed as remote ancestor in exams
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