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Where can I obtain more information about the income tax charge on pre-owned assets?

April 26, 2017assets charge obtain pre-owned

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Where can I obtain more information about the income tax charge on pre-owned assets?

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A. The guidance provides more details about the charge, exclusions from the charge, how to calculate the value of the benefit and elections for inheritance tax. If you cannot find an answer you may call the Probate and Inheritance Tax Helpline on 0845 30 20 900. Please remember that we can only supply information. We cannot advise you what to do and given the complexity of schemes you may want to seek independent legal or financial advice.