Related Commentary  Related HMRC Manuals

8D(1)  Subsections (2) and (3) apply for the purpose of calculating the amount of the charge to tax under section 4 on a personʼs death if the person dies on or after 6 April 2017.

8D(2)  If the personʼs residence nil-rate amount is greater than nil, the portion of VT that does not exceed the personʼs residence nil-rate amount is charged at the rate of 0%.

8D(3)  References in section 7(1) to the value transferred by the chargeable transfer under section 4 on the personʼs death are to be read as references to the remainder (if any) of VT.

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