Capital taxation and tax-exempt heritage assets

Guidance on Inheritance Tax exemptions and reliefs policy, and Capital Gains Tax reliefs policy for national heritage property.


Capital taxation and the national heritage

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In order to preserve and protect national heritage for the benefit of the public, the government introduced the ‘Conditional Exemption Tax Incentive Scheme’.

Buildings, land, works of art and other objects that qualify under the scheme are exempt from Inheritance Tax and Capital Gains Tax providing that certain conditions are met.

Published 27 November 2013
Last updated 15 November 2017 + show all updates
  1. Guidance on the ‘Conditional Exemption Tax Incentive Scheme’ has been updated.
  2. The guidance on capital taxation and the national heritage has been updated.
  3. First published.