Related HMRC Manuals

8M(1)  This section applies where–

(a)a person (“D”) dies on or after 6 April 2017,

(b)ignoring the application of this section, Dʼs residence nil-rate amount is greater than nil, and

(c)some or all of the transfer of value under section 4 on Dʼs death is a conditionally exempt transfer of property consisting of, or including, any of the following–

(i)some or all of a qualifying residential interest;

(ii)some or all of a residential property interest, at least some portion of which is closely inherited, and which is not, and is not included in, a qualifying residential interest;

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