As explained at IHTM42986, Inheritance Tax is not charged where the payment out of an employee benefit trust (EBT) is, or will be, income in the recipient's hands. A similar relief is provided by IHTA84/S65(5)(b) where property is leaving a relevant property trust and where property leaves a sub-trust (IHTM42970) which does not satisfy the provisions of IHTA84/S86.

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