The extra charge resulting from the transferor's death within seven years after the gift is subject to taper relief for transfers more than three but less than seven years before death.

The benefit of taper relief is restricted by IHTA 1984, s. 7(5), which provides that where the amount chargeable after taper relief is less than what would have been chargeable had the transferor not died within seven years, the original amount stands.

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