Where the transfer is a chargeable lifetime transfer IHT may be due on the initial gift and further IHT may be due if the transferor dies within seven years by the death of the transferor.
Where a disposition has been made (including any omission treated as a disposition)1 and IHT is immediately due then the following are liable for the tax:
- Ìý
(a)ÌýÌýÌýÌý The transferor2.
- Ìý
The transferor has the primary liability for any IHT due3. The other parties listed below will only be liable if the tax remains
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Web page updated on 17 Mar 2025 13:21