Page 38 - P6 Slide Taxation - Lecture Day 2 - Donations tax and Estate duty.
P. 38

Successive death rebate








                                                                         IF:



                • Person bequests property to another person,

                         who dies within 10 years from each other



                                                                 THEN:


          • Estate duty is reduced by percentage established


                                       under successive death rebate


                                                         BUT ONLY IF:



          • The second-dying person had to pay the estate

               duty of the first-dying person’s estate and the


               property is included in both their estates.
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