Page 44 - P6 Slide Taxation - Lecture Day 3 - Donations Tax & Estate Duty.

Deductions (cont)

• Limited interest and annuity charged against

property created by pre-deceased spouse if

– The property formed part of the estate of the

predeceased spouse (estate duty already paid on

it)

– No deduction was allowed against the estate of

the predeceased spouse (estate duty was paid on

full value)