• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

Taper relief

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Taper relief

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by Tax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • November 21, 2017 at 7:31 pm #417199
    tony0117
    Member
    • Topics: 56
    • Replies: 12
    • ☆☆

    I am a bit confused about the taper relief in IHT.

    Is the relief only applied to PET or any lifetime transfers (including CLT)?

    Thank you!

    November 22, 2017 at 3:01 pm #417419
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    It is applied to IHT charged on death on either PET’s or CLT’s made between 3 – 7 years before death and upon which an amount of IHT is payable ie not fully covered by the nil rate band – the taper relief reduces the tax charge!

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • barbaraseweryn on Presentation of Financial Statements (IFRS18) – ACCA Strategic Business Reporting (SBR) lectures
  • zurapirveli@gmail.com on Basic group structures – Impairment – ACCA (SBR) lectures
  • Sid24012003 on MA Chapter 5 Questions Ordering and Accounting for Inventory
  • John Moffat on FM Chapter 8 Questions – Relevant cash flows for DCF
  • slovett on FM Chapter 8 Questions – Relevant cash flows for DCF

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in