He explains: "For example, one is able to give away assets; however, it takes seven years for the value of the gift to fall outside the inheritance tax equation. There are ways and means of avoiding 'voluntary' tax; ADVERTISING FEATURE Independent financial advice Tarik Yousef, chief ...
(E263,000-￡174,000)of her nil rate band left at death.-|||-As Allison still owns the villa,the fall in value of￡7O,000 is taken acoount of when calculating any additional tax-|||-payable on the PET when (if)it becomes chargeable on Debbie's death.In this case,however.this ...