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This sub-topic covers the inheritance tax charges that apply to relevant property trusts. Firstly the sub-topic explains the taxation of all types of trusts. There is an explanation of what relevant property is and how to identify it and how to identify the date on which the settlement began. The sub-topic also explains how to calculate IHT charges arising when a trust is set up, on the 10-year anniversary and when assets leave the relevant property regime. Changes to the exit charge and 10-year charge calculations were made from 18 November 2015 and two different note cover how to calculate charges that crystallised before these dates. Finally, a note covers the changes to the inheritance tax treatment of trusts that happened in March 2006.