Marriage settlements (pre 1 April 1975)

This relief applies to marriage settlements made before 1 April 1975 and to inheritances taken by the grandchildren of the person giving the inheritance. The grandchild is entitled to the Group A threshold if the following conditions are met:

  • The arrangement was made before 1 April 1975.
  • The reason for the arrangement was marriage of the parents of the person receiving the inheritance.
  • The person giving the inheritance is a grandparent of the person receiving the inheritance.
  • The parents of the person receiving the inheritance must have been entitled to a limited interest in the property.