|
Transfers made after 5 April 2011 and before 6 April 2012 Death Rates | Gross transfer | Rate % | | Up to £325,000* | Nil | | Over £325,000 | 40 |
*Unused nil rate band is transferable to spouse or civil partner. Chargeable lifetime transfers are initially charged at 20%. Annual gifts of up to £3,000 per donor are exempt |