IHTM14319 - The gift: exempt transfers which can be GWRs

The main exemptions which do not prevent application of the GWR rules are

So a gift which is an exempt transfer under the above exemptions may be chargeable under the GWR rules, as may a gift which is an exempt transfer under any other section not listed on the previous page.

Small gifts exemption ( IHTM14180)

• Strictly speaking the small gifts exemption is only available in respect of outright gifts.
• However, in practice the mere fact that the donor has reserved a benefit in the gifted property should not, of itself, prevent you from regarding the gift as an outright one.