Question 4a
Marking Guide
(a) (i) Reasons why gift relief is available 2
2 –––––
(ii) Impact on Aqil 3
Impact on Damia 3·5
Tax saved 0·5
7 5 –––––
(iii) Qualifying asset for business property relief 3
Still held by Damia 3
6 –––––
(a) (i) Reasons why gift relief is available 2
2 –––––
(ii) Impact on Aqil 3
Impact on Damia 3·5
Tax saved 0·5
7 5 –––––
(iii) Qualifying asset for business property relief 3
Still held by Damia 3
6 –––––