Heritable property in Scotland is not subject to the Inland Revenue charge. However, if there is a disposal of such property, any other property representing it is subject to the charge to which the heritable property would otherwise have been subject1. According to HMRC the disposition does not have to be a sale2, though where it is a gift there would appear to be no property representing the original property which could become subject to the charge.
Where the chargeable transfer is made on death, personal or movable property situated in the UK which was beneficially owned by the deceased immediately before his death and vests in his personal representatives is not subject to the charge3. Personal property for this purpose does not include leaseholds4.
Undivided shares of land in a deceased person's
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Web page updated on 17 Mar 2025 16:51