IHTM14576 - Lifetime transfers: the charge to tax: additional charges: the additional tax payable

»Ê¹ÚÌåÓýapp additional tax payable is the difference between:

  • the recalculated tax by reference to the transferor’s death, and
  • the lifetime tax already paid (or payable).

If the tax by reference to the transferor’s death is less than the lifetime tax already chargeable

  • no additional tax is payable, and
  • no tax is repayable.

»Ê¹ÚÌåÓýapp amount of the tax charge at the time of the transfer is not affected.