IHTM30281 - Lifetime cesser of a qualifying interest in possession: introduction

»Ê¹ÚÌåÓýapp cesser may be either a chargeable transfer when made (IHTM30283), or with effect from 17 March 1987 a potentially exempt transfer (PET) (IHTM30282). »Ê¹ÚÌåÓýapp two situations need to be considered separately.