Skip to content
Solved

IHTM30262 | Lifetime transfers chargeable when made: tax immediately payable

From HM Revenue & Customs · Inheritance Tax Manual

Instalments are available if the tax attributable to the qualifying property (IHTM30265) is borne by the person benefiting from the transfer.

Accordingly instalments are not available:

  • if the transfer is grossed up (IHTM14541)or

  • if it is grossed up in part, to the extent that it is grossed up.