Commentary

I10.101 Meaning of liability

IHT, trusts and estates

I10.101 Meaning of liability

Part I10     Liability and incidence

Contents of Part I10

I10.1     Liability

I10.2     Burden of tax

Division I10.1     Liability

Revised by
MALCOLM GUNN CTA

For updates affecting this Division please see Part I0 Updates

Introduction to liability

I10.101 Meaning of liability

A person who is liable for IHT must account to HMRC for the tax due in respect of a chargeable transfer, whether or not he must ultimately bear the burden of the tax charged. The provisions of IHTA 1984 which deal with liability are, therefore, concerned solely with the identification of the persons to whom HMRC may

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