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HMRC internal manual

Inheritance Tax Manual

HM Revenue & Customs
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FACET procedures: why are forms IHT 35 sent to FACET?

Caseworkers will refer an IHT 35 to you to check

  • the sale price of the shares against the Extel Business Done range
  • the purchase price of shares included in part 2 of the form IHT 35, and
  • that any changes in holdings have been correctly taken into account.In most cases these checks will take place as the result of a mandatory referral (

IHTM34051). But caseworkers may also refer the IHT 35 to you on a non-mandatory (IHTM34052) basis for you to undertake either a specific check on particular aspects of the claim or full check.

You may also get form IHT 35s referred to confirm that shares were suspended (IHTM34097) at the date of death or cancelled (IHTM34097) at any time during the 12 months following the date of death.