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HMRC internal manual

Inheritance Tax Manual

From
HM Revenue & Customs
Updated
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Investigating accounts and principles of valuation: contents

Summary
  1. IHTM09001
    Summary
Investigation: Investigating accounts
  1. IHTM09021
    Investigation: Investigating accounts: Purpose
  2. IHTM09022
    Investigation: Investigating accounts: General approach
  3. IHTM09023
    Investigation: Investigating accounts: Best practice
  4. IHTM09035
    Investigation: Investigating accounts: Estimated values
  5. IHTM09036
    Investigation: Investigating accounts: Exempt or partly exempt estates
  6. IHTM09060
    Investigation: Investigating accounts: Reviewing replies
  7. IHTM09061
    Investigation: Investigating accounts: Analysing bank statements
  8. IHTM09062
    Investigation: Investigating accounts: Meetings with taxpayers
  9. IHTM09080
    Investigation: Investigating accounts: Failure to reach an agreement with taxpayers
Investigation: Raising enquiries
  1. IHTM09051
    Investigation: Raising enquiries: When to make your initial enquiries
  2. IHTM09052
    Investigation: Raising enquiries: Purpose and aims
  3. IHTM09053
    Investigation: Raising enquiries: Full enquiries
Investigation: Negotiating a settlement
  1. IHTM09071
    Investigation: Negotiating a settlement: When to consider negotiation
  2. IHTM09072
    Investigation: Negotiating a settlement: Examples of negotiating situations
Investigation: Investigating no-grant cases
  1. IHTM09091
    Investigation: Investigating no-grant cases: Introduction
  2. IHTM09095
    Investigation: Investigating no-grant cases: Procedures for pursuing delivery of an account (chart)
  3. IHTM09100
    Investigation: Investigating no-grant cases: Initial research and information gathering
  4. IHTM09102
    Investigation: Investigating no-grant cases: Approaching the accountable or liable persons
  5. IHTM09103
    Investigation: Investigating no-grant cases: Accountable persons not identified
  6. IHTM09104
    Investigation: Investigating no-grant cases: Failure to comply with request to deliver an account
  7. IHTM09105
    Investigation: Investigating no-grant cases: What to do when you receive an account
Investigation: Avoidance
  1. IHTM09151
    Investigation: Avoidance: Introduction
Investigation: Ascertained values
  1. IHTM09241
    Investigation: Ascertained values: Introduction
  2. IHTM09242
    Investigation: Ascertained values: When is a value 'ascertained'?
  3. IHTM09243
    Investigation: Ascertained values: When is a value not 'ascertained'?
Investigation: Information sources
  1. IHTM09310
    Investigation: Information sources: Calendar of grants
  2. IHTM09312
    Investigation: Information sources: Electoral Register
Investigation: Tax files
  1. IHTM09301
    Investigation: Tax files: General
  2. IHTM09302
    Investigation: Tax files: Types of tax file
  3. IHTM09305
    Investigation: Tax files: Maintaining confidentiality
Investigation: Third party information
  1. IHTM09331
    Investigation: Third party information: Introduction
Investigation: How to use third party information
  1. IHTM09362
    Investigation: How to use third party information: Sources of information
Investigation: Obtaining mandates
  1. IHTM09381
    Investigation: Obtaining mandates: Introduction
  2. IHTM09383
    Investigation: Obtaining mandates: Form of mandate for general use (except for banks and building societies)
Investigation: Third party information and the Data Protection Act 1998
  1. IHTM09391
    Investigation: Third party information and the Data Protection Act 1998: Introduction
  2. IHTM09393
    Investigation: Third party information and the Data Protection Act 1998: Information you can ask for without falling foul of the non-disclosure provisions
  3. IHTM09394
    Investigation: Third party information and the Data Protection Act 1998: Handling information obtained
Investigation: Certificates of full disclosure and corrective accounts
  1. IHTM09521
    Investigation: Certificates of full disclosure and corrective accounts: General
  2. IHTM09522
    Investigation: Certificates of full disclosure and corrective accounts: When to ask for a certificate or account
  3. IHTM09523
    Investigation: Certificates of full disclosure and corrective accounts: Issuing a certificate or corrective account
  4. IHTM09540
    Investigation: Certificates of full disclosure and corrective accounts: Receiving the completed account or certificate
Investigation: Examples of statements and certificates of full disclosure
  1. IHTM09531
    Investigation: Examples of statements and certificates of full disclosure: Statement to be issued with a corrective account
  2. IHTM09532
    Investigation: Examples of statements and certificates of full disclosure: Certificate of full disclosure
  3. IHTM09533
    Investigation: Examples of statements and certificates of full disclosure: Statement on the reverse of a certificate of full disclosure
Valuation: Introduction
  1. IHTM09701
    Valuation: Introduction
  2. IHTM09702
    Valuation: Introduction: Specific types of property
  3. IHTM09703
    Valuation: Introduction: Open market value
  4. IHTM09704
    Valuation: Introduction: Main features of a sale in the 'open market'
Valuation: Valuing property in an estate
  1. IHTM09711
    Valuation: Valuing property in an estate: General principles
  2. IHTM09712
    Valuation: Valuing property in an estate: Valuing property together
  3. IHTM09713
    Valuation: Valuing property in an estate: Including property otherwise left out of account for tax purposes
  4. IHTM09714
    Valuation: Valuing property in an estate: Authority for valuing items of property together
  5. IHTM09715
    Valuation: Valuing property in an estate: Valuing items of property separately
Valuation: Related property
  1. IHTM09731
    Valuation: Related property: Introduction
  2. IHTM09732
    Valuation: Related property: How the rules work
  3. IHTM09733
    Valuation: Related property: Definition of related property
  4. IHTM09734
    Valuation: Related property: Apportionment of aggregate value
  5. IHTM09735
    Valuation: Related property: The general rule for calculating the appropriate portion
  6. IHTM09736
    Valuation: Related property: The special rule for calculating the appropriate portion
  7. IHTM09737
    Valuation: Related property: When to use the special rule?
  8. IHTM09738
    Valuation: Related property: What happens when both the general and special rules apply?
  9. IHTM09739
    Valuation: Related property: Property owned jointly by husband and wife, or civil partners
Valuation: Sales of related property etc
  1. IHTM09751
    Valuation: sales of related property etc: Introduction
  2. IHTM09752
    Valuation: sales of related property etc: What the relief does
  3. IHTM09753
    Valuation: sales of related property etc: What the relief does not do
  4. IHTM09754
    Valuation: sales of related property etc: Conditions for relief
  5. IHTM09755
    Valuation: sales of related property etc: Property that qualifies for relief
  6. IHTM09756
    Valuation: sales of related property etc: Who may make sales?
  7. IHTM09757
    Valuation: sales of related property etc: Sales may not be made in conjunction with the sale of related or other property with which it was originally valued
  8. IHTM09758
    Valuation: sales of related property etc: No connection between vendor and purchaser
  9. IHTM09759
    Valuation: sales of related property etc: Vendors must not acquire rights to sold property
  10. IHTM09760
    Valuation: sales of related property etc: Price obtained on sale must be less than the original value
  11. IHTM09761
    Valuation: sales of related property etc: Sales of shares in companies
  12. IHTM09762
    Valuation: sales of related property etc: Relationship between s.176 and loss on sale of shares relief
  13. IHTM09763
    Valuation: sales of related property etc: Example of how to revalue property when both the loss on sale of land and sales of related property provisions apply
Valuation: Restrictions on the freedom to dispose of assets
  1. IHTM09771
    Valuation: Restrictions on the freedom to dispose of assets: Introduction
  2. IHTM09772
    Valuation: Restrictions on the freedom to dispose of assets: General rule for ignoring a restriction
  3. IHTM09773
    Valuation: Restrictions on the freedom to dispose of assets: What is a relevant event?
  4. IHTM09774
    Valuation: Restrictions on the freedom to dispose of assets: Consideration given for the restriction
  5. IHTM09775
    Valuation: Restrictions on the freedom to dispose of assets: No consideration given
  6. IHTM09776
    Valuation: Restrictions on the freedom to dispose of assets: Contracts made before 27 March 1974
  7. IHTM09777
    Valuation: Restrictions on the freedom to dispose of assets: Option to purchase is exercised