Jurisdiction(s):
United Kingdom

Key definition

Quick succession relief definition

What does Quick succession relief mean? A relief that prevents double taxation where the same asset (or property representing it) is taxed twice within five years, commonly when a beneficiary dies soon after inheriting, or where a chargeable lifetime transfer is followed by the recipient’s death. On the later event, the inheritance tax (IHT) or capital acquisitions tax (CAT) is reduced by a credit linked to the tax paid on the earlier charge, tapered by the time between them (typically 100% if within one year, then 80%, 60%, 40% or 20% for each succeeding year up to five years). The credit is limited to the proportion...

Quick Succession Relief in UK Inheritance Tax: five-year scope, calculations, examples, interaction with 36% charitable rate and legacies, settled property, claim process, and recent reforms

Published by a LexisNexis Private Client expert

Practice notes

Quick succession relief (QSR), not to be mistaken for taper relief, applies where a Transfer of value is subjected to a further Inheritance tax (IHT) charge within five years of the original gift or chargeable transfer. Consider a case where someone receives a lifetime gift (or inherits on a death) in year one, with IHT settled at that time, and in year three that recipient dies still owning the asset so it falls into their taxable estate and IHT is again due. QSR provides relief against this second IHT bill, calculated by reference to the IHT paid on the earlier transfer and the interval between the two events.

How the relief works and when it applies

Relief for successive charges, also called QSR, is available when the value of a person’s estate has been increased by a chargeable transfer—whether made during life or on death—occurring not more than five years before their death. The IHT arising on death is reduced by a percentage of the IHT charged on the net amount that the deceased received from the first transfer. The definition of...

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Katya Vagner

Fladgate

Katya Vagner (Ekaterina Vagner) is an associate in the Private Client department at Fladgate.She specialises in advising on a wide range of UK and offshore private client legal and tax matters.Katya advises individuals and business owners, their families, family offices, trustees, personal representatives and charities across the globe on issues such as estate and succession planning (including Wills and inheritance tax advice), setting up and advising on onshore and offshore structures (such as trusts and foundations), incapacity planning (including Lasting Powers of Attorney and Court of Protection matters), administration of trusts and estates and issues involving charities (such as advising on charitable giving and advising charities on a range of legal and tax issues).Katya has a keen interest in ESG initiatives and has a growing charities and philanthropy practice, advising on structuring of UK and cross-border charitable giving and...

Web page updated on 21/05/2026

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