Jethro makes a chargeable lifetime transfer for inheritance tax purposes on 21 December 2012.
On what date does the related inheritance tax become payable?
Please enter date in DD/MM/YY format.
Please input answer: ________/________/________
The correct answer is: 30/06/13.
The IHT becomes payable on 30 June 2013 as it is the end of 6 months after the month of gift.
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