For deaths on or after 19 March 2014 the exemption, under IHTA84/S153A(2), S154(1A) or S155A(3), applies to

any potentially exempt transfers (IHTM04057) made within 7 years of death. By virtue of relevant sub-section (a), potentially exempt transfers (PETs) do not become chargeable transfers under IHTA84/S3A(4) as a result of the death,

the estate (IHTM04029) on death. The relevant sub-section (b) disapplies IHTA84/S4 and so no charge to tax can arise on the estate passing on death,

any additional tax that arises on an immediately chargeable transfer (IHTM04067) made within 7 years of death. By virtue of relevant sub-section (c) no additional tax under IHTA84/S7(4) is due.

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