Personal tax – form

Inheritance Tax: claim for relief - loss on sale of land (IHT38)

Use form IHT38 to claim relief if you're liable for Inheritance Tax on the value of land or buildings that were part of the deceased's estate if you sell the land or buildings at a loss.

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If you’re liable for the Inheritance Tax on the value of the land or buildings which were part of the deceased’s estate, use form IHT38 to claim relief when you sell the land or buildings at a loss. The sale must occur within four years of the date of death (3 years if the death was on or before 15 March 1990).