Introduction to Calculating Inheritance Tax
- Podcast Location:
- Sorry, this podcast has been removed as it is now out of date
- Categories:
-
Tax Law
- CPD Points:
- Up to 1 point. details »
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Listen and pass the quiz: Gain 1 CPD point (60 minutes)
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Regulated by the Bar Standards Board:
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- Cost:
- a) £65+VAT for this CPDcast only
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- Length:
- 30 minutes of audio
(+ optional 5 minute online quiz) - Plays on Computer:
- Yes Downloadable as MP3: Yes
- Contributor(s):
- Course Aims:
This podcast discusses the occasions on which inheritance tax is charged and explains the 4 basic steps to follow to calculate the liability to tax, along with the additional factors to be considered on certain occasions.
- Outcomes:
- After completing the course you will:
- Understand when exactly there is a charge to inheritance tax;
- Know the 4 basic steps for calculating the the amount of tax which must be paid;
- Appreciate when any exemptions or reliefs will be available.
- Level:
- Beginner
- Classification:
-
Introduction
Practical Guide
- Sources and References:
-
- Inheritance Tax Act 1984;
- Finance Act 2006;
- Arnander & Ors Executors of McKenna Deceased v Revenue & Customs [2006] UKSPC SPC00565.
In this podcast Fiona Ball introduces the listener to the basic structure of inheritance tax, according to the legislation contained in the Inheritance Tax Act 1984. The 3 occasions on which inheritance tax is charged are examined and the method for calculating the amount of tax which must be paid is explained.
Podcast added: 29/10/09
Podcast last reviewed: 2011-07-25
This course has now been removed from the site. It is no longer suitable for CPD purposes as it contains information that is out of date or incorrect. For a list of our latest CPDcasts, please visit the library.
