# The Inheritance Tax (Double Charges Relief) Regulations 1987, Part II


Jan 1988
A makes PET of £150,000 to B.
March 1992
A makes gift of land worth £200,000 into a discretionary trust of which he is a potential beneficiary. The gift is a “GWR”.
Tax paid £19,500
Feb 1995
A dies without having released his interest in the trust. His death estate valued at £400,000, includes the GWR land curently worth £300,000.

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Source: https://www.legislation.gov.uk/uksi/1987/1130/schedule/part/II (the official version)
Page: https://openlegislation.uk/inheritance-tax-double-charges-relief-regulations-1987/schedule/part-II
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.