On 1 June 2017, Shirley gives 5,000 shares in a listed company to her daughter. Shares in

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On 1 June 2017, Shirley gives 5,000 shares in a listed company to her daughter. Shares in the company are quoted at 189p - 197p on that date, with recorded bargains at 190p, 192p and 196p. Calculate the market value of the shares for IHT purposes.

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Taxation Finance Act 2017

ISBN: 9781292200804

23rd Edition

Authors: Alan Melville

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Question Posted: Feb 07, 2024 08:28 AM

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On 1 June 2017, Shirley gives 5,000 shares in a listed company to her daughter. Shares in

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The quarterup rule gives 189p 14 x 197p 1...View the full answer

Taxation Finance Act 2017

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