Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Capital Gains Manual

HM Revenue & Customs
, see all updates

Liability to date/death: Donatio Mortis Causa: position of donee

As TCGA92/S62 (5) merely removes the charge on the donee this means that for all other purposes the transfer by Donatio Mortis Causa, being a gift, takes place at market value, TCGA92/S17 (1). Accordingly the donee is deemed to have acquired the asset at market value.