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Where Taxpayers and Advisers Meet
IHT Avoidance
I’m aware that if I were to gift say £50k to my son it would come into the IHT category, however if I were to purchase an item value £50k and then sold that item to my son for £1 would it avoid IHT consideration?
Return to “Inheritance Tax, IHT, Trusts & Estates, Capital Taxes”