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

HMRC internal manual

Inheritance Tax Manual

From
HM Revenue & Customs
Updated
, see all updates

Lifetime transfers: the charge to tax: immediately chargeable transfers: rate of tax

For transfers after 15 March 1988, you charge tax at half the death rate.

For transfers before that date, a graduated rate of tax applies. Technical will be able to give advice.