A Straightforward Guide to Understanding and Controlling Inheritance TaxThe perfect book for all those who need advice and guidance concerning the complicated area of inheritance tax. Clear, concise and intended for the layman, the guide points out steps that can be taken to reduce the inheritance tax bill. The guide is sensitively written by an expert in the field and comprehensively covers all the main areas associated with this often bewildering subject. |
Contents
Explaining Inheritance Tax | 11 |
Gifts that are exempt | 17 |
Calculating the nilrate band payable on death | 23 |
Preowned Assets Tax Charge | 29 |
Shares exchanged for other shares | 42 |
Valuing an Estate and Applying for Probate | 79 |
| 117 | |
Other editions - View all
A Straightforward Guide to Understanding and Controlling Inheritance Tax David Marsh Limited preview - 2013 |
A Straightforward Guide to Understanding and Controlling Inheritance Tax David Marsh Limited preview - 2011 |
A Straightforward Guide To Understanding And Controlling Inheritance Tax ... David Marsh No preview available - 2023 |
Common terms and phrases
22 March accumulation and maintenance administer a deceased administration agricultural property agricultural purposes agricultural relief agricultural value Alternative Investment market apply bare trust beneficiaries business relief capital gains tax chapter civil partnership deceased person's estate deceased's deducted dependant disabled person domicile donor executor exempt from inheritance exempt gifts gift with reservation HMRC immediately chargeable gifts immediately chargeable transfer income tax inheritance tax purposes interest in possession intestacy joint tenancy maintenance trust nil-rate band Northern Ireland occupied for agricultural ownership payment period possession trusts potentially exempt transfer pre-owned assets tax probate property replaces qualify for relief registered civil partner relevant business property relevant property trust relief are satisfied relief is available replacement property reservation of benefit settled property settlor seven someone spouse or civil surviving tax is due tax payable taxable taxpayer transfer of value transferor's death type of trust wholly or mainly Woodland relief