(ii) State when the inheritance tax (IHT) calculated in (i) would be payable and by whom. (2 marks)
(ii) State when the inheritance tax (IHT) calculated in (i) would be payable and by whom. (2 marks)
(ii) Inheritance tax administrationThe tax on Debbie’s estate (personalty and realty) would be paid by the personal representatives, usually an executor.Inheritance tax is due six months from the end of the month in which death occurred (31 December 2005)
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