Agricultural property relief

Generally

Qualification

Rate

Annuities

Anti-avoidance provisions

Beneficial entitlement to underlying property

Beneficiary's personal exemptions

Business property relief

Close companies, value of property

Contracts of life assurance

Death, termination of qualifying interest

Deed of variation

Disclaimers

Disposal of interest by beneficiary

Exceptions to charge

Excluded property

Generally

Immediate post-death interest

Interaction with capital

Joint entitlement, value of property

Life assurance policies

Loans to beneficiaries, reducing the value of settled property

Maintenance funds for historic buildings

Meaning

National heritage property

Orders under Inheritance (Provision for Family and dependants) Act 1975

Potential exempt transfer, anti-avoidance rules

Pre-22 March 2006

Quick succession relief

Reducing value of settled property

Generally

Loans to beneficiaries

Tax charge

Reversion to settlor/spouse/civil partner, exceptions to charge

Termination

Transitional serial interest

Value of property

Woodlands, relief for