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If parents inherit money

If parents inherit money

jacqui c

If parents inherit money could this affect the amount of the student loan?

Reply 1

Mark Lee - SFE Official Adviser

Official Rep

Hi Jacqui,

Only of the inheritance money has been gaining interest as we would look at all interest on savings in savings account not the inheritance itself as this would already be taxed under inheritance tax.

Thanks

Reply 2

jacqui c

Thank you, this answered my question and is very muchappreciated.

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