Free CTEP Chartered Trust & Estate Planner® (CTEP®) Certification Examination Practice Test Question

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Showing 19–20 of 20 questions

Question 19 (Volume D)

Where an estate is liable to Inheritance Taxes, the tax is usually payable within ________________ of the end of the month in which the death occurred. If it becomes overdue, the amount owing may incur interest, currently at ___________ (as at April 2012).

Select an option, then click Submit answer.

  • Six months, 3% p.a.

  • Three months, 6% p.a.

  • Six months, 6% p.a.

  • Three months,3% p.a.

Question 20 (Volume D)

Which one of the above statement(s) is/are incorrect?

C:\Pasban Work\Cert Paper Exams\AAFM\CTEP\sep 10\19773_U5M2_34_image021.png

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  • (i) only

  • (ii) only

  • Both

  • None of the above