Inheritance Tax (part 1) - ACCA Taxation (FA 2022) TX-UK lectures

[@nicolecisowska7485]

Thank you for posting this. I spent the whole day trying to figure out CLT . This video helped me understand it in 20 mins!

[@FredGreenGB]

Inheritance tax should be abolished. It's a tax on death and It's tax on sums that have already paid income tax . Daylight robbery imo

[@arcturus_one_]

Agreed! Even as I study this module F6, all I think of is that taxation is theft.

[@christinenyaloti1756]

At min 18.33 you classified the £8000 wedding gift to the nephew as that from a remoter ancestor which according to the notes qualifies for an exemption limit of up to £2,500 and not £1,000 for anyone else. Could you please clarify.

[@opentuition]

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[@dorinakasa9051]

I guess the donor was the aunt and not the grandmother.

[@NinjMMA]

How is the amount that the shares decrease to worked out?