Step 4 - four stage grossing calculations: stage 3
- Calculate the tax on the chargeable estate arrived at in paragraph f of IHTM26154
* taking account of the nil rate band and any lifetime cumulative total (IHTM14501), but * ignoring any property chargeable at a separate title ([IHTM26211](https://www.gov.uk/hmrc-internal-manuals/inheritance-tax-manual/ihtm26211))
- Find the value of the chargeable estate net of tax by deducting the tax at g from the value at f.
- Re-gross the specific gifts not bearing their own tax using the formula
Value of chargeable estate net of tax (from h.)