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Master AAFM CTEP Exam with Reliable Practice Questions

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Last exam update: Nov 19,2024
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Question 1

Which of the following statement(s) about Chargeable Lifetime Transfers is/are correct?


Correct : A


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Question 2

Which of the following transfers are exempt from Inheritance Tax?


Correct : C


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Question 3

Where a transfer of value is from a UK-domiciled spouse to a non-UK domiciled spouse, then the exempt transfer is limited to ________. For annual exemption, each individual can transfer an exempt amount of up to________ per year.


Correct : B


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Question 4

Which of the following statement(s) about Nil Rate Band is/are correct?


Correct : A


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Question 5

Which of the following income comes under ''FDAP Income''?


Correct : D


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