Sussman v Revenue and Customs: FTTTx 29 Jul 2016

Whether gift with reservation

FTTTx Inheritance tax – appeal against a notice of determination – permission given to appeal out of time – appeal heard immediately after out of time application – had Deceased reduced the value of her estate some years before she died – if so was there a gift with reservation – no reduction in value of estate – gift with reservation not considered – appeal dismissed

[2016] UKFTT 523 (TC)
England and Wales

Inheritance Tax

Updated: 01 November 2021; Ref: scu.567978