Skip to content
Solved

IHTM04041 | Transfers on death: the charging provisions

From HM Revenue & Customs · Inheritance Tax Manual

The basic provision governing the tax charge on death is IHTA84/S4 (1). The charge may be divided into two parts. The subsection provides that on the death of any person (the deceased) tax is charged as if the deceased

  • had made a transfer of value (IHTM04042) immediately before death, and

  • the value transferred had been equal to the value of the deceased’s estate (IHTM04043) immediately before his death.