Alan Webb

HMRC, how do you square your answer with https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg30390 Example 1? There may be no IHT but whether the property is held as Tenants in Common, or Joint Tenants the deceased’s half share passes at Probate Value on death. The link you have quoted relates to lifetime transfers as they affect CGT.