IHTM14835 - Lifetime transfers: associated operations: transfer in stages
A transfer may be effected in a series of stages. Typically successive portions of a property may be transferred, often annually. »Ê¹ÚÌåÓýapp portion may be calculated in a variety of ways: often it is a share equivalent in value to the amount of the annual exemption. This is sometimes referred to colloquially as ‘salami slicingâ€� (IHTM14161).