TC09618 - [2025] UKFTT 01019 (TC)

Case Number: TC09618

By remote video hearing

Appeal reference: TC/2021/02728

INHERITANCE TAX – Meaning of life – s 201(1)(d) IHTA – does section apply to a corporate settlor? - yes – was transfer made ‘during the life of the settlor’? - yes – appeal dismissed

Judgment date: 21 August 2025

Before

TRIBUNAL JUDGE MALCOLM FROST

Between

LEXGREEN SERVICES LIMITED

Appellant

and

THE COMMISSIONERS FOR HIS MAJESTY’S REVENUE AND CUSTOMS

Respondents

Representation:

For the Appellant: Mr Michael Firth KC, instructed by Morr & Co LLP

For the Respondents: Mx Cleo Lunt, litigator of HM Revenue and Customs’ Solicitor’s Office

DECISION