IHTM04041 - Transfers on death: the
charging provisions
The basic provision governing the tax charge on death is
IHTA84/S4 (1). The charge may be divided into two parts. The
subsection provides that on the death of any person (the deceased)
tax is charged as if the deceased
- had made a transfer of value (
IHTM04042) immediately before death,
and
- the value transferred had been equal to
the value of the deceased’s estate (
IHTM04043) immediately before his
death.
