Scribd
Upload
854 views1 page

South Spring Corporation Inheritance Assessement

Mr. Lim Chen's estate included a 4-bedroom house in Birmingham worth £473,890, £4,738,900 in cash, and interests and bonds, totaling £5,212,790. After deducting a mandatory 10% tax, the value was £4,691,511. The total inheritance to be transferred was £4,738,900.

Uploaded by

rmarcgypsy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
854 views1 page

South Spring Corporation Inheritance Assessement

Mr. Lim Chen's estate included a 4-bedroom house in Birmingham worth £473,890, £4,738,900 in cash, and interests and bonds, totaling £5,212,790. After deducting a mandatory 10% tax, the value was £4,691,511. The total inheritance to be transferred was £4,738,900.

Uploaded by

rmarcgypsy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

SOUTH SPRING CORPORATION

Chancery Ln, London WC2A 1DT, UK 94

INHERITANCE ASSESSEMENT AND ESTIMATE OF MR LIM CHEN’S ESTATE

NB: After the total estimate has been made, a mandatory tax of 10% is to be deducted
from the total as tax to the government.

➢ 4 Bedroom Freehold House located at Hawthorn Brook Way Birmingham B23


5LF, United Kingdom is valued at £ 473,890 (Four hundred and seventy-three thousand
eight hundred and ninety British Pounds)

➢ Total cash at Standard Chartered Bank is valued at £4,738,900 (Four million seven
hundred and thirty-eight thousand, nine hundred British Pounds)

Total worth of properties and cash: £5,212,790.00


Total worth of properties after (10%) tax deduction: £4,691,511
Total worth of inheritance to be transferred after addition of interests and bonds owned by MR
LIM CHEN: £4,738,900

Source: South spring Corporation& LAST WILL AND TESTAMENT OF MR LIM CHEN

You might also like