Added: 4 months ago
From: MoneyWeekVideos
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  • Xerriva - yes they are! HMRC reserve the right to "impute" a market value into any transaction they deem to be on unduly favourable terms. Tim.

  • If you expected to die within 7 years, instead of gifting property, couldn't you sell it for £1? Or are HMRC smarter than that?

  • @Xerriva yeah, could you rig a false election or something and sell your assets to a find for an artificially low price?

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