I7.501 Conditional exemption—introduction

IHT, trusts and estates

I7.501 Conditional exemption—introduction

Division I7.5     Heritage property

Updated by
Malcolm Gunn, CTA

For updates affecting this Division please see Part I0 Updates

Conditional exemption

I7.501 Conditional exemption—introduction


This Division examines the reliefs available for property comprised in what is collectively known as the national heritage, namely works of art, historic houses and other property of sufficient public interest to qualify to form part of the national heritage1. This form of relief was first introduced for estate duty purposes2, and when that duty was abolished in favour of CTT the relief was retained in a modified form3. The CTT relief when CTT was first introduced applied only to charges arising on death (see I7.521, I7.522). An extended and revised form of relief was introduced a year later in respect of

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