On 1st July 2005 F lent £100k to son on documented terms that the debt is repayable on 1st July 2007. For various reasons debt is not repaid on due date . Father and son are not in contact.
On what date is father deemd to have made a transfer of value under IHTA s3(3)? Is it 1st. July2011, 1st July 2013 or some other date?
