IHTM30084 - Liability on gifts with reservation (GWRs): definition and extent of liability
Persons liable under IHTA84/S200 (1)(c)
»Ê¹ÚÌåÓýappse are the same as for other transfers on death (IHTM30035).
Personal representatives of the deceased
»Ê¹ÚÌåÓýapp instructions relating to the secondary liability of the personal representatives (IHTM05012) of the transferor for tax on a potentially exempt transfer (IHTM30043) apply. »Ê¹ÚÌåÓýapp limitation (IHTM30032) in IHTA84/S204 (1) applies.
Trustees
Trustees will normally be liable as persons in whom property is vested under IHTA84/S200 (1)(c). »Ê¹ÚÌåÓýappre are limitations (IHTM30101) on their liability.
Recipients of benefit from settled property (IHTA84/S200 (1)(d))
»Ê¹ÚÌåÓýapp limitation (IHTM30037) in IHTA84/S204 (5) applies.