SCIT Inheritance tax – Death – liability for tax – building society account not notified prior to issue of Clearance – account part of deceased’s estate for inheritance tax purposes – estate distributed by executors before they realised that account part of taxable estate – nature of asset – whether settled property – persons liable for tax attributable to property in account – persons liable for tax attributable to other assets – Inheritance Tax Act 1984 sections 4,5,43(3),200,204 and 211
Powell J
[2009] UKVAT SPC00742, [2009] WTLR 691, [2009] STC (SCD) 386, [2009] STI 1102
Bailii
Inheritance Tax Act 1984
England and Wales
Inheritance Tax
Leading Case
Updated: 09 November 2021; Ref: scu.373756
