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Transfers made after 5 April 2008 and before 6 April 2009 Death Rates | Gross transfer | Rate % | | Up to £312,000 | Nil | | Over £312,000 | 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 |