Question 1b ii
Marking Guide
(ii) Inheritance tax
Tax may be payable at time of gift 1
Business property relief 1·5
Valuation and exemptions 1·5
Inheritance tax and due date 3
Gift relief 1·5
––––
8·5
––––
(ii) Inheritance tax
Tax may be payable at time of gift 1
Business property relief 1·5
Valuation and exemptions 1·5
Inheritance tax and due date 3
Gift relief 1·5
––––
8·5
––––