E1.548 Consideration For The Grant Of The Annuities

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Commentary

Personal and employment tax

In order to determine the exempt proportion or the exempt sum, it is necessary to ascertain the purchase price of the annuity (PP). This is the total amount or value of the consideration given for the annuity¹.

If the consideration

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E5.607 Corporate members

I4.265 Lifetime transfers reported late

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I9.421 Situs of simple contract debts for IHT

I4.142A Liabilities which are not discharged out of the estate

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