Inheritance Tax

We will be teaching the following parts of the SQE1 Assessment Specification:

Inheritance Tax:

• lifetime transfers that are immediately chargeable and those that are potentially exempt and gifts with a reservation of benefit
• transfers on death
• exemptions and reliefs
• the scope of anti-avoidance provisions.

Income and Capital Gains Tax in respect of the period of the administration of an estate:

• the personal representatives’ liability to Income Tax and Capital Gains Tax
• the beneficiaries’ liability to Capital Gains Tax on inherited assets.

We will finish by practising MCQs on what we have covered.

The Session will be recorded.