Larry died on 1 November 2020 leaving an estate valued at £300,000. He had never had a wife or civil partner and he left his estate to his best friend. On 1 October 2012 he had set up a discretionary trust and made a gross chargeable transfer to this trust of £275,000 (after deducting exemptions). His only other lifetime transfers were as follows:

Required:

Calculate the IHT payable (if any) on each of the four gifts and on the estate at death.

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12 March 2015 13 February 2016 6 October 2017 15 April 2019 60,000 to his mother 60,000 to his father 18,500 to his nephew (wedding present) 25,000 to a charity