IHTM26000 - Calculating the chargeable estate: contents

Introduction
  1. IHTM26001
    Introduction
  2. IHTM26002
    Introduction: Quantifying the amount which is chargeable and the amount which is exempt
  3. IHTM26003
    Introduction: Definitions
Specific gifts
  1. IHTM26011
    Specific gifts: Definition
  2. IHTM26012
    Specific gifts: Disallowed liabilities
  3. IHTM26013
    Specific gifts: Value of specific gifts
Calculating the chargeable estate
  1. IHTM26020
    Special rule concerning spouse or civil partner exemption
  2. IHTM26030
    Calculation where residue wholly chargeable
  3. IHTM26040
    Calculation where there are no specific gifts
  4. IHTM26050
    Calculation where residue partly chargeable and no chargeable specific gifts
  5. IHTM26060
    Calculation where there are chargeable specific gifts and residue wholly exempt
Other calculations
  1. IHTM26071
    Other calculations: Order in which to apply the partly exempt transfer rules
Other calculations: Step 1 - the starting value of specific gifts
  1. IHTM26081
    Other calculations: Step 1 - the starting value of specific gifts: Introduction
  2. IHTM26082
    Other calculations: Step 1 - the starting value of specific gifts: Two or more gifts of an asset
  3. IHTM26083
    Other calculations: Step 1 - the starting value of specific gifts: Settled gift
  4. IHTM26084
    Other calculations: Step 1 - the starting value of specific gifts: Gift of an annuity
  5. IHTM26085
    Other calculations: Step 1 - the starting value of specific gifts: Circular situation
  6. IHTM26086
    Other calculations: Step 1 - the starting value of specific gifts: Legal rights in Scotland
Other calculations: Step 2 - abatement where there are not enough assets to pay specific gifts in full
  1. IHTM26090
    Other calculations: Step 2 - abatement where there are not enough assets to pay specific gifts in full
Other calculations: Step 3 - interaction
  1. IHTM26101
    Other calculations: Step 3 - interaction: Introduction
  2. IHTM26102
    Other calculations: Step 3 - interaction: Situations where interaction applies
  3. IHTM26103
    Other calculations: Step 3 - interaction: Summary of the interaction provisions
  4. IHTM26104
    Other calculations: Step 3 - interaction: Outline of the interaction procedure
  5. IHTM26105
    Other calculations: Step 3 - interaction: Extent of examination necessary
  6. IHTM26106
    Other calculations: Step 3 - interaction: Specific gifts of relievable property
  7. IHTM26107
    Other calculations: Step 3 - interaction: Anti-avoidance provisions
  8. IHTM26108
    Other calculations: Step 3 - interaction: The appropriate fraction
  9. IHTM26109
    Other calculations: Step 3 - interaction: The appropriate fraction where there are no specific gifts of relievable property
  10. IHTM26110
    Other calculations: Step 3 - interaction: The appropriate fraction where there are specific gifts of relievable property
Other calculations: Step 4 - grossing up
  1. IHTM26121
    Other calculations: Step 4 - grossing up: Background
  2. IHTM26122
    Other calculations: Step 4 - grossing up: How grossing up works
  3. IHTM26123
    Other calculations: Step 4 - grossing up: The specific gifts you should gross up
  4. IHTM26124
    Other calculations: Step 4 - grossing up: How to decide whether specific gifts out of the free estate bear their own tax
  5. IHTM26125
    Other calculations: Step 4 - grossing up: How to decide whether specific gifts out of settled property bear their own tax
  6. IHTM26126
    Other calculations: Step 4 - grossing up: Other property which bears its own tax
  7. IHTM26127
    Other calculations: Step 4 - grossing up: What to do if the value of a gift is dependent upon the amount of an exemption
  8. IHTM26128
    Other calculations: Step 4 - grossing up: Initial procedure for grossing up
  9. IHTM26129
    Other calculations: Step 4 - grossing up: Grossing up where there are any reliefs due
  10. IHTM26130
    Other calculations: Step 4 - grossing up: Grossing up where there are exemptions with a value limit
  11. IHTM26131
    Other calculations: Step 4 - grossing up: Deciding which type of grossing calculation to use
  12. IHTM26132
    Other calculations: Step 4 - grossing up: The grossing calculator
  13. IHTM26133
    Other calculations: Step 4 - grossing up: Grossing up position where (additional) legacies are given under a variation accepted as within IHTA84/s142
Other calculations: Step 4 - simple grossing calculations
  1. IHTM26141
    Other calculations: Step 4 - simple grossing calculations: Introduction
  2. IHTM26142
    Other calculations: Step 4 - simple grossing calculations: Calculation when there is no lifetime cumulation
  3. IHTM26143
    Other calculations: Step 4 - simple grossing calculations: Calculation when there is a lifetime cumulative total which is below the threshold
  4. IHTM26144
    Other calculations: Step 4 - simple grossing calculations: Calculation when there is a lifetime cumulative total in excess of the threshold
Other calculations: Step 4 - four stage grossing calculations
  1. IHTM26151
    Other calculations: Step 4 - four stage grossing calculations: Exceptions where four stage grossing is not necessary
  2. IHTM26152
    Other calculations: Step 4 - four stage grossing calculations: The four stages
  3. IHTM26153
    Other calculations: Step 4 - four stage grossing calculations: Stage 1
  4. IHTM26154
    Other calculations: Step 4 - four stage grossing calculations: Stage 2
  5. IHTM26155
    Other calculations: Step 4 - four stage grossing calculations: Stage 3
  6. IHTM26156
    Other calculations: Step 4 - four stage grossing calculations: Stage 4
  7. IHTM26157
    Other calculations: Step 4 - four stage grossing calculations: Example of a four stage calculation
  8. IHTM26158
    Other calculations: Step 4 - four stage grossing calculations: Example of a four stage calculation where interaction and settled property are also involved
Other calculations: Step 4 - Re Benham type grossing calculations
  1. IHTM26171
    Other calculations: Step 4 - Re Benham type grossing calculations: Legal background
  2. IHTM26172
    Other calculations: Step 4 - Re Benham type grossing calculations: Practice
Other calculations: Step 5 - abatement caused by grossing up
  1. IHTM26180
    Other calculations: Step 5 - abatement caused by grossing up
Other calculations: Apportioning the grossed up estate between instalment and non-instalment option property
  1. IHTM26190
    Other calculations: Apportioning the grossed up estate between instalment and non-instalment option property
Allocating the burden of tax
  1. IHTM26201
    Allocating the burden of tax: Practice
  2. IHTM26202
    Allocating the burden of tax: The rules
  3. IHTM26203
    Allocating the burden of tax: Effects of the rules
Property at more than one title
  1. IHTM26211
    Property at more than one title: Introduction
  2. IHTM26212
    Property at more than one title: Gifts out of different funds
  3. IHTM26213
    Property at more than one title: Example of the effect of S40
  4. IHTM26214
    Property at more than one title: Lifetime cumulative total and gifts with reservation