Suffer tax and neither suffer or pay

This topic has 3 replies, 4 voices, and was last updated 2 years ago by JillyB.

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May 13, 2021 at 3:31 pm #620505
mainai92
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Melvin died on 6 March 2021 leaving an estate worth £2,000,000. His estate included a
holiday home in the UK worth £400,000 which he left to his sister. He left the rest of his estate
to his daughter and appointed a friend to act as executor.

Could you please explain why the sister will neither suffer or pay and the daughter has to suffer tax? Thank you
May 15, 2021 at 1:58 pm #620663
Tax Tutor
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Once again this issue is dealt with in the study notes (bottom of page 130 and in Illustration 2 that follows) and therefore is also discussed in the lecture – please refer back and let me know if you have then understood the answer that was given to the question you quoted.
February 14, 2024 at 2:44 am #700256
Joezzz
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Hi,

I do not get it and I cannot find it in the latest note, can you explain?

Thanks!
February 14, 2024 at 10:13 am #700316
JillyB
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You probably cant find it becasue the first time the question was raised was in 2021 and we are now in 2024 and the manual has been rewritten several times since then
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