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) Rij owns 6,000 shares which represents a 60% holding in Games Ltd. an unquoted UK company. On 31 December 2017 during the occasion of
) Rij owns 6,000 shares which represents a 60% holding in Games Ltd. an unquoted UK company. On 31 December 2017 during the occasion of her daughter's marriage she gifted 50% of her holding in the company to her daughter, Shiji. The values of shareholdings in Games Ltd on 31 December 2017 have been agreed for IHT purposes as follows: Holding Value per share Up to 25% 26% to 50% 51% to 74% 75% or more Calculate the Value of Gross Chargeable transfer to the above gift of unquoted shares for IHT purposes 10 17 29 50
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