Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Inheritance Tax Act 1984 section 3
Transfers of value
Section 3 defines what constitutes a "transfer of value" for inheritance tax purposes and explains how the amount transferred is calculated, including situations where a person's failure to act can be treated as a transfer.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.