Inheritance tax
Refresh your knowledge on Inheritance Tax.
Course Type
E-learning
Length
3 hours +
What you’ll achieve
When you've completed this course, you will understand how to:
- Classify and calculate tax on lifetime gifts and death estates.
- Apply exemptions like small gifts, marriage gifts, and spousal transfers.
- Compute IHT using nil rate bands, taper relief, and residence nil rate band.
- Determine IHT liability based on domicile and asset location.
- Handle practical scenarios, including revisiting gifts within 7 years of death.
- Identify deadlines and calculate tax payable for different occasions of charge.
About this course
Refresh and update your knowledge on Inheritance Tax, covering valuation rules, lifetime transfers, gifts and much more.
This course is made up of videos, questions and additional reading materials.
Tax professionals and accountants handling inheritance tax; estate planners advising clients on IHT efficiency; individuals seeking to understand UK inheritance tax liabilities.
Overview
E-learning |
|
3 hours + |
|
Tax investigations |
Syllabus
The course covers the following areas:
- Introduction to Inheritance Tax (IHT)
- Valuation and Deductions
- Nil Rate Band and Taper Relief
- Residence and Death Estate Calculations
- Spouse and Civil Partner Relief
- Residence Nil Rate Band (RNRB)
- Tax Payment and Deadlines.
How to access
Once purchased you'll be able to access the AAT Learning Portal where you'll have 12 months from the date to access the learning materials. AAT Learning Portal allows you to view all the courses you've purchased in one place, monitor your latest training activity and create goals to help you achieve your training aims.