Tag Archives: inheritance tax rules

Married couples and civil partners can make use of each other’s tax-free allowance without special tax planning.Required:Discuss the inheritance tax rules for married couples.

Darcy For the tax year 2019/20, Darcy has a trading profit of £158,000. During the year he made personal pension contributions of £30,000 and a net gift aid donation of £8,600.AhmedAhmed had a salary of £52,500 and saving income of £1,800. His employer has deducted £7,800 in PAYE from his earnings.Ahmed also acquired a property […]