Chargeable transfers	Death	Lifetime
2011/12 *	%	%
0 - £325,000	Nil	Nil
Over £325,000	40	20

*Potentially increased for surviving spouses or civil partners who die on or after 9 October 2007.

Reliefs

Annual exemption	£3,000
Marriage - from Parent	£5,000
Marriage - from grandparent or bride & groom	£2,500,
Marriage - from others	£1,000
Small gifts	£250

Reduced charge on gifts within seven years of death

Years before death	0-3	3-4	4-5	5-6	6-7
% of death charge	100	80	60	40	20