IHTM30211 - Transfers on death: introduction

Instalments are available for chargeable transfers made on death for the tax attributable to the value, including any addition for grossing up ( IHTM26121), of six categories of qualifying property ( IHTM30212).

By reason of FA86/S102 (3), the transfer on death includes property taxable as a GWR ( IHTM04071) because it was subject to a reservation at the death of the donor. However, because GWRs involve a lifetime gift, the application of the instalment provisions to them ( IHTM30271) needs separate consideration.