Groups of exempt transfers: transfers of Heritage property
This group of exemptions consists of
- gifts into maintenance funds (IHTA84/S27)
- conditional exemption for designated property (IHTA84/S30 to IHTA/S35)
They have certain features in common with the previous group (IHTM11012) of exemptions. In particular
- they are available for deemed (IHTM04025) as well as actual transfers (IHTM04024), and
- where the transfer is only partly exempt (IHTM26001), the extent to which it is exempt is governed by IHTA84/S36 to IHTA84/S42.
However, unlike the previous group, the property exempted may be subject to a future tax charge in certain circumstances.