What are the key research questions that need to be addressed to inform future policy development in this area?

The new capital transfer tax under the Finance Act of 1975 is chargeable on both lifetime transfers and on property left at death. The rules which apply to ... Lifetime transfers. Once your total chargeable lifetime transfers in the last seven years has exceeded the IHT threshold of £325,000, tax will become payable ... ... chargeable to Arthur. The order fixing inheritance tax, deleting that ... That the transfer, if viewed as made during decedent's lifetime, did not ... Mar 8, 2024 ... Chargeable Lifetime Transfers (CLTs). A Chargeable Lifetime Transfer (CLT) is a transfer, made during lifetime, which is chargeable to IHT. A chargeable lifetime transfer is one that is neither an exempt transfer nor potentially exempt; in practice, this applies only to payment into a discretionary ... Jun 2, 2023 ... Relief under TCGA 1992 s 260 ('s 260 relief ') is available on lifetime transfers that are immediately chargeable. A transfer of value (eg a lifetime gift) from an individual to a company is an immediately chargeable transfer for IHT purposes, subject to any available ... Jul 6, 2023 ... A chargeable gain or loss applies to the sale or disposal of all chargeable assets. ... • How to make Chargeable Lifetime Transfers. • How can you ... A lifetime gift is immediately chargeable unless it is an exempt transfer or a potentially exempt transfer (PET) (section 2, Inheritance Tax Act 1984). Sep 27, 2019 ... The transfer of assets into a non-UK trust, as for a UK trust, will be an immediately chargeable lifetime ... chargeable transfers in the previous ...