- This topic has 0 replies, 1 voice, and was last updated 5 years ago by .
Viewing 1 post (of 1 total)
Viewing 1 post (of 1 total)
- You must be logged in to reply to this topic.
Interactive BPP books for September 2026 exams, recommended by OpenTuition.
Get discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › PET Vs. CLT
sir why would a person want to go for a CLT instead of a PET? In case of PET at least there is some scope of no IHT being payable at all(case where the donee lives beyond 7 years of transfer). But in CLT it is obvious that upon transfer IHT would be payable immediately and later too(if the individual lives for less than 7 years after transfer, similar to PET).
thanks in advance
