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IHT 403 and use of capital
muddywalk
Posts: 2 Newbie
Looking at IHT 403 I need to declare all expenditure and income. If I spend £3000 on a holiday and I pay for it by taking money from a savings account does this need to be reported in the Income and Expenditure sections and if so under what category?
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Comments
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That would be expenditure, so would reduce any surplus income by the same amount.0
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