To claim your CPD certificate, test your knowledge with the questions below.
Write down your answers to each of the following questions and check your answers when you click to claim your CPD certificate on the link below
1. True or False, you can use the £3,000 Annual IHT exemption and the £250 small gift exemption to give an indicvidual £3,250 in a tax year?
A. True
B. False
2. A self employed individual with £20,000 of earnings who first joined a pension scheme 2 years ago can contribute how much to a penson this year?
A. £0
B. £20,000
C. £60,000
D. £120,000
3. When savings rates increase on 6 April 2027 the onshore bond tax credit will be?
A. 0%
B. 20%
C. 22%
D. 42%