Inheritance tax: PET or CLT Forums › ACCA Forums › ACCA TX Taxation Forums › Inheritance tax: PET or CLT This topic has 0 replies, 1 voice, and was last updated 5 years ago by zodiac61. Viewing 1 post (of 1 total) Author Posts July 14, 2020 at 3:00 am #576744 zodiac61Member Topics: 1Replies: 0☆ How does one posthumously decide whether a lifetime gift (i.e. an undervalued land sale to individuals) is a PET or a CLT? Who makes the decision? Is it the HMRC or the estate’s executors? Author Posts Viewing 1 post (of 1 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In