IHTM25500 - AR/BR 100% relief allowance: Section Overview

Finance Act 2026 Schedule 12 introduced a 100% relief allowance on the combined value of qualifying agricultural and/or business property and the following sections deal with how the 100% relief allowance applies in different circumstances:

IHTM25510 - AR/BR 100% relief allowance: overview 

IHTM25520 - AR/BR 100% relief allowance: individuals

IHTM25521 - AR/BR 100% relief allowance: individuals - transitional provisions

IHTM25522 - AR/BR 100% relief allowance: individuals - interests in possession within IHTA84/S49

IHTM25523 - AR/BR 100% relief allowance: individuals – apportionment – more than one chargeable transfer

IHTM25524 - AR/BR 100% relief allowances: individuals – apportionment – different titles of the estate on death

IHTM25530 - AR/BR 100% relief allowance: transfer of unused allowance

IHTM25531 - AR/BR 100% relief allowance: transfer of unused allowance – basic principles

IHTM25532 - AR/BR 100% relief allowance: transfer of unused allowance- focus is on extent to which the 100% relief allowance is unused 

IHTM25533 - AR/BR 100% relief allowance: transfer of unused allowance - how to make the claim

IHTM25534 - AR/BR 100% relief allowance: transfer of unused allowance – time limits for claim

IHTM25535 - AR/BR 100% relief allowance: transfer of unused allowance - claims by people other than the personal representatives

IHTM25536 - AR/BR 100% relief allowance: transfer of unused allowance- reviewing form IHT 437

IHTM25537 - AR/BR 100% relief allowance: transfer of unused allowance - how the amount to be transferred is calculated

IHTM25538 - AR/BR 100% relief allowance: transfer of unused allowance - calculation where there is a lifetime transfer

IHTM25539 - AR/BR 100% relief allowance: transfer of unused allowance – calculation where the survivor has been married to more than one spouse or been in more than one civil partnership  

IHTM25440 - AR/BR 100% relief allowance: transfer of unused allowance - calculation where the survivor was married to, or in a civil partnership with, someone who was entitled to 100% transferable allowance where no claim was made on the earlier death

IHTM25541 - AR/BR 100% relief allowance: transfer of unused allowance - simultaneous deaths

IHTM25550 - APR/BPR 100% relief allowances: settlements - overview

IHTM25551 - APR/BPR 100% relief allowances: settlements - “pre-commencement settlements”

IHTM25552 - AR/BR 100% relief allowance: settlements - relevant property settlements

IHTM25553 - AR/BR 100% relief allowances: settlements - transitional period - temporary relaxation of ownership and occupation conditions

IHTM25554 - AR/BR 100% relief allowances: settlements - special trusts (other than age 18-to-25 trusts)

IHTM25555 - AR/BR 100% relief allowances: settlements - 18-25 trusts

IHTM25570 - AR/BR: 50% rate – unlisted shares and securities

IHTM25580 - AR/BR 50% rate: instalment option