1. An inheritance tax has replaced the capital transfer tax.

2. And are death duties or capital transfer tax relevant?

3. In 1981 the Conservative government abolished capital transfer tax and replaced it with inheritance tax.

4. In 1974 the Labour government introduced capital transfer tax which taxed certain gifts given by people who were alive.

5. After this date, and until 18 March 1986, a form of death duty called capital transfer tax applied.

6. In the 1983 budget, gifts to charities were exempted from capital transfer tax.

7. The Government released details of its new concession on Capital Transfer Tax.