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HMRC internal manual

Inheritance Tax Manual

From
HM Revenue & Customs
Updated
, see all updates

Assessing: calculations: death estate: revision to the original tax charge

If a previous calculation has been issued for the assessment group, you should include in the new calculation the figures for:

  • the previous value of the property in this assessment group
  • the tax previously charged on it
  • the revised value of the property in this assessment group
  • the revised tax charged on it

This will help the taxpayer or agent to understand how the figures are arrived at.

COMPASS (IHTM31101) will input the above figures automatically, but you will have to include the figures yourself in the manual template (IHTM31301), in the relevant places.