P269 CEEFAX 269 Thu 16 Jun 1y:13/47
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'n2n2 |/ TAX GUQDE
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5 INHERJTANCE TAX j
u j
5 IHT is charged on cirtain lifetime j
5 gifts, on the wealth of the estati j
5 at death and on some trust deals. j
5 Tax is paid by the donor when the j
5 exemption threshold is reached. j
u j
u The samj tax rates havj applied j
5 since 9/3/93 and are: U
5 Over #150,0pp 40% j
5 Tapering reliif for charges on j
5 gifts within sjven years of death: d
5 Years 0-3 3-4 4-5 5-6 6-7 j
5 % payable 100 80 60 40 20 j
k @ j
Source: Blay's Guudjs
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