UK Probate Valuation: Gifts or bequests are exempt from taxation if!

Jamie Murray

Quality fast and reliable service with a cracking bunch of lads definitely recommended

Bill Mitchell

Contracted this company to clear the flat of my deceased mother. Two young guys cleared EVERYTHING out of the rented property, including furniture, carpets, ornaments, white goods and food/household products, politely, efficiently, and respectfully. Excellent service.

Charles winter

The guys from Northern House Clearance have just cleared a house for me in Scotland. The house was packed not only with a lifetimes worth of memories, but all the clutter that goes with it. Within 2 days it was emptied down to the floorboards. A great job from a good team of lads. Highly recommended.

Graeme hatton

An excellent 5 star service. Firstly the compassion shown due to the circumstances which resulted in having to use their services, not just on the phone but by the team who arrived, on time, to perform the job. Above all a friendly attitude goes a long way in stressful times. Professional from the start to the end of the day and due to the amount of clutter a second day was needed. I could not believe how much was cleared in just one day, it was as if the clutter had it's own clutter to clear. Hope that I never need to use them again, but if I have to clear another property they will be the only people that I call. Highly recommend them. G.Hatton. Cheshire.

Lorna Hamilton

Fantastic service. Highly recommend. The team was so helpful.

Richard Foster

The guys from Northern house clearing cleared my deceased brothers house which was in a state. They were very discrete and great guys very understanding at such a sad time. Great job guys thank you.

Xiu Yun Chen

This is a good company would highly recommend these guys. Very efficent and helpful.

Laura

Highly recommended. From my initial enquiry I found them to be efficient and professional and was given an immediate quote. On the day the guys arrived promptly and were friendly, helpful and thorough. I would not hesitate to use this company again and I would recommend to others. I felt in good hands and I, m very happy with the service I received.

Ruth Lawrence

The team arrived bang on time and began work immediately. They continued for five solid days and completed the entire clearance of my late uncles house, which was a case of extreme hoarding over many decades. They even removed carpets, curtains and swept up so the house was ready for sale. They were exeptionally hard working, polite and charged a reasonable price for this incredibly difficult job. Terrific service, absolutely recommended.

To a spouse, except where the person is living in the UK and the spouse is living abroad (in which case the exemption may vary) or the gift or bequest is not immediately in favour of the spouse, or is dependent on a condition not satisfied within a year. However, surviving the donor of the bequest does not apply as an allowable exemption.

A charity established with the UK
A political party, usually one represented in the House of Commons
A national museum, university, the National Trust and other specific bodies

Gifts and bequests of national heritage property and land are exempt when made to a suitable non-profit body and Housing Association, respectively. These are bodies listed in the Schedule 3 Inheritance Tax Act 1984.

If the terms are incomplete or conditional, the gifts and bequests are not exempt, nor are they exempt if they can later be used for purposes which are not charitable or for other non-exempt uses.

Bodies listed in Schedule 3 Inheritance Tax Act 1984

The National Gallery
The British Museum
The National Museums of Scotland
The National Museum of Wales
The Ulster Museum
The Historic Buildings and Monuments Commission for England
The National Trust for Places of Historic Interest or Natural Beauty
The National Trust for Scotland for Places of Historic Interest or Natural Beauty
The National Art Collections Fund
The Trustees of the National Heritage Memorial Fund
The National Endowment for Science, Technology and the Arts (with effect from 2 July 1998)
The Friends of the National Libraries
The Historic Churches Preservation Trust
The Nature Conservancy Council for England
The Nature Conservancy Council for Scotland
The Countryside Council for Wales

Any other similar national institution, which exist wholly or mainly for the purpose of preserving for the public benefit a collection of scientific, historic or artistic interest and which is approved for the purposes of this Schedule by the Commissioners Inland Revenue

Any museum or art gallery in the United Kingdom which exists wholly or mainly for that purpose and is maintained by a local authority or university in the United Kingdom
Any library the main function of which is to serve the needs of teaching and research at a university in the United Kingdom
Any local authority
Any Government department (including the National Debt Commissioners)
Any university or university college in the United Kingdom
A Health Authority, National Health Trust or similar health service body, within the meaning of section 519A of the Income and Corporation Taxes Act 1988