Section 72 for payment of ARF Income Tax on death

Caitriona Gaffney
Tuesday, October 27, 2020

We all know that Section 72 relief can be used to pay Inheritance Tax in a tax-efficient manner. But did you know that the relief can also be used to replace the income tax deducted by a QFM from the value of an ARF inherited by a child over 21?

The ‘life protection’ solution to this potential loss of capital offers a great opportunity, and to support this conversation with your clients, we have put together the following flyers: