Tania made no transfers during 2021-22. Her only transfers during 2022-23 and 2023-24 are as follows: Calculate

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Tania made no transfers during 2021-22. Her only transfers during 2022-23 and 2023-24 are as follows:

Calculate the value of each of the above transfers after deduction of all the relevant exemptions. None of the gifts are regarded as normal expenditure out of income.

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Taxation Finance Act 2023

ISBN: 9781292461083

29th Edition

Authors: Alan Melville

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Question Posted: May 03, 2024 07:00 AM

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Tania made no transfers during 2021-22. Her only transfers during 2022-23 and 2023-24 are as follows: Calculate

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500 of the 202122 annual exemption remains unused but cannot be carried forward beyond 202223 The 202223 and 202324 annual exemptions are fully utilis...View the full answer

Taxation Finance Act 2023

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