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HMRC internal manual

Inheritance Tax Manual

HM Revenue & Customs
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Assessing: COMPASS: settlement cases: entering values

Historic value

If the charge you are assessing is a proportionate charge occurring before the first Ten Year Anniversary (TYA), you must put a value into Entry B to establish the rate at which to tax the proportionate charge.

If the first charge you are assessing is the first TYA, you do not need to put a value into Entry B.

Enter and amend the values as you would in death cases (IHTM31131). Use the ‘Other personal property’ asset type.

Details of the charges

For each charge that you want to assess,

  • create an Entry (IHTM31242) and any extra assessment groups
  • enter and amend the details of assets, liabilities and reliefs, as you would for a death estate.