IHTM30000 - Liability and payment of tax: contents

Introduction

1. IHTM30001

   Introduction

Liability

1. IHTM30011

   Liability: Introduction

Liability: Liability on death transfers

1. IHTM30021

   Liability: Liability on death transfers: The persons liable
2. IHTM30022

   Liability: Liability on death transfers: Other unsettled property (except GWRs)
3. IHTM30023

   Liability: Liability on death transfers: Settled property in which deceased had a qualifying interest in possession
4. IHTM30024

   Liability: Liability on death transfers: Succession in Scotland
5. IHTM30025

   Liability: Liability on death transfers: Interests under Superannuation Schemes
6. IHTM30026

   Liability: Liability on death transfers: Priorities

Liability: Definition and extent of liability

1. IHTM30031

   Liability: Definition and extent of liability: Personal representatives
2. IHTM30032

   Liability: Definition and extent of liability: Extent of a personal representative's liability
3. IHTM30033

   Liability: Definition and extent of liability: Nature of a personal representative's liability
4. IHTM30034

   Liability: Definition and extent of liability: Trustees
5. IHTM30035

   Liability: Definition and extent of liability: Persons liable under S200(1)(c)
6. IHTM30036

   Liability: Definition and extent of liability: Persons excluded
7. IHTM30037

   Liability: Definition and extent of liability: Property settled before the death
8. IHTM30038

   Liability: Definition and extent of liability: Particular situations
9. IHTM30039

   Liability: Definition and extent of liability: Policies effected by a person who dies domiciled outside the UK

Liability: Liability on potentially exempt transfers (PETs)

1. IHTM30041

   Liability: Liability on potentially exempt transfers (PETs): Persons liable
2. IHTM30042

   Liability: Liability on potentially exempt transfers (PETs): Priorities
3. IHTM30043

   Liability: Liability on potentially exempt transfers (PETs): Recourse to transferor's personal representatives
4. IHTM30044

   Liability: Liability on potentially exempt transfers (PETs): Practice relating to personal representatives

Liability: Definition and extent of liability (PETs)

1. IHTM30051

   Liability: Definition and extent of liability (PETs): Transferee
2. IHTM30052

   Liability: Definition and extent of liability (PETs): Persons liable under S199(1)(c)
3. IHTM30053

   Liability: Definition and extent of liability (PETs): Persons excluded
4. IHTM30054

   Liability: Definition and extent of liability (PETs): Objects of a relevant property trust

Liability: Liability on lifetime transfers chargeable when made

1. IHTM30061

   Liability: Liability on lifetime transfers chargeable when made: Introduction
2. IHTM30062

   Liability: Liability on lifetime transfers chargeable when made: Persons liable

Liability: Definition and extent of liability (lifetime transfers chargeable when made)

1. IHTM30071

   Liability: Definition and extent of liability (lifetime transfers chargeable when made): Transferor
2. IHTM30072

   Liability: Definition and extent of liability (lifetime transfers chargeable when made): Extent of liability of persons secondarily liable
3. IHTM30073

   Liability: Definition and extent of liability (lifetime transfers chargeable when made): Spouse or civil partner of transferor
4. IHTM30074

   Liability: Definition and extent of liability (lifetime transfers chargeable when made): Limitation on spouse's or civil partner's liability

Liability: Liability on gifts with reservation (GWRs)

1. IHTM30081

   Liability: Liability on gifts with reservation (GWRs): Introduction
2. IHTM30082

   Liability: Liability on gifts with reservation (GWRs): Persons liable when treated as a PET
3. IHTM30083

   Liability: Liability on gifts with reservation (GWRs): Persons liable when treated as part of death estate
4. IHTM30084

   Liability: Liability on gifts with reservation (GWRs): Definition and extent of liability

Liability: Liability on settled property

1. IHTM30091

   Liability: Liability on settled property: Persons liable

Liability: Definition and extent of liability (settled property)

1. IHTM30101

   Liability: Definition and extent of liability (settled property): Trustees
2. IHTM30102

   Liability: Definition and extent of liability (settled property): Persons other than trustees
3. IHTM30103

   Liability: Definition and extent of liability (settled property): Beneficiaries
4. IHTM30104

   Liability: Definition and extent of liability (settled property): Recipients of benefit

Liability: The settlor

1. IHTM30111

   Liability: The settlor: Definitions
2. IHTM30112

   Liability: The settlor: Limitations on settlor's liability
3. IHTM30113

   Liability: The settlor: PETs
4. IHTM30114

   Liability: The settlor: Death charge on lifetime transfers chargeable when made
5. IHTM30115

   Liability: The settlor: Settlement made before 11 December 1974

Liability: Liability in special cases

1. IHTM30121

   Liability: Liability in special cases: Heritage property
2. IHTM30122

   Liability: Liability in special cases: Discretionary trust charges and heritage property
3. IHTM30123

   Liability: Liability in special cases: Woodlands
4. IHTM30124

   Liability: Liability in special cases: Transfers by a close company
5. IHTM30125

   Liability: Liability in special cases: liability of purchaser

General payment rule

1. IHTM30140

   General payment rule

Due date for payment

1. IHTM30151

   Due date for payment: Death transfers
2. IHTM30152

   Due date for payment: Other charges arising on death
3. IHTM30153

   Due date for payment: Lifetime transfers chargeable when made
4. IHTM30154

   Due date for payment: Discretionary trusts
5. IHTM30155

   Due date for payment: Conditionally exempt property
6. IHTM30156

   Due date for payment: Woodlands
7. IHTM30157

   Due date for payment: Payment before due date
8. IHTM30158

   Due date for payment: Request to pay in advance
9. IHTM30159

   Due date for payment: Postponing payment

Tax payable on taking out of grant

1. IHTM30171

   Tax payable on taking out of grant: Inheritance Tax rates
2. IHTM30172

   Tax payable on taking out of grant: Non-instalment option property

Tax payable on taking out of grant: Payment methods

1. IHTM30181

   Tax payable on taking out of grant: Payment methods: Payment by cheque
2. IHTM30182

   Tax payable on taking out of grant: Payment methods: Payment by electronic transfer
3. IHTM30183

   Tax payable on taking out of grant: Payment methods: Payment by National Savings or government stock
4. IHTM30184

   Tax payable on taking out of grant: Payment methods: Payment by IHT Direct Payment Scheme
5. IHTM30185

   Tax payable on taking out of grant: Payment methods: Payment by transfer of land or chattels
6. IHTM30186

   Tax payable on taking out of grant: Payment methods: Payment by Certificates of Tax Deposit
7. IHTM30187

   Tax payable on taking out of grant: Payment methods: Payment out of tax repayments

Instalment option

1. IHTM30191

   Instalment option: Introduction

Instalment option: Payment by instalments

1. IHTM30201

   Instalment option: Payment by instalments: When instalments are payable
2. IHTM30202

   Instalment option: Payment by instalments: Election
3. IHTM30203

   Instalment option: Payment by instalments: Request to elect for instalments after tax paid in one sum
4. IHTM30204

   Instalment option: Payment by instalments: Option where additional tax payable

Instalment option: Transfers on death

1. IHTM30211

   Instalment option: Transfers on death: Introduction
2. IHTM30212

   Instalment option: Transfers on death: Categories of qualifying property
3. IHTM30213

   Instalment option: Transfers on death: Land
4. IHTM30214

   Instalment option: Transfers on death: Businesses and interests in businesses
5. IHTM30215

   Instalment option: Transfers on death: Shares and securities
6. IHTM30216

   Instalment option: Transfers on death: Meaning of 'unquoted' for instalments
7. IHTM30217

   Instalment option: Transfers on death: Control holdings of shares and securities
8. IHTM30218

   Instalment option: Transfers on death: Unquoted shares - undue hardship
9. IHTM30219

   Instalment option: Transfers on death: Unquoted shares - 20% tax test
10. IHTM30220

    Instalment option: Transfers on death: Unquoted shares - £20,000 value and 10% nominal value test

Instalment option: PETs

1. IHTM30231

   Instalment option: PETs: Deaths before 17 March 1987

Instalment option: Transfers and other events on or after 17 March 1987

1. IHTM30241

   Instalment option: Transfers and other events on or after 17 March 1987: The conditions
2. IHTM30242

   Instalment option: Transfers and other events on or after 17 March 1987: Unquoted shares
3. IHTM30243

   Instalment option: Transfers and other events on or after 17 March 1987: Settled property
4. IHTM30244

   Instalment option: Transfers and other events on or after 17 March 1987: The transferee

Instalment option: Qualifying property (PETs)

1. IHTM30251

   Instalment option: Qualifying property (PETs): Land
2. IHTM30252

   Instalment option: Qualifying property (PETs): Businesses and interest in businesses
3. IHTM30253

   Instalment option: Qualifying property (PETs): Control holdings
4. IHTM30254

   Instalment option: Qualifying property (PETs): Unquoted shares or securities - undue hardship
5. IHTM30255

   Instalment option: Qualifying property (PETs): Unquoted shares or securities - 20% tax test
6. IHTM30256

   Instalment option: Qualifying property (PETs): Unquoted shares - £20,000 value and 10% nominal value

Instalment option: Lifetime transfers chargeable when made

1. IHTM30261

   Instalment option: Lifetime transfers chargeable when made: Introduction
2. IHTM30262

   Instalment option: Lifetime transfers chargeable when made: Tax immediately payable
3. IHTM30263

   Instalment option: Lifetime transfers chargeable when made: Additional tax payable on death of transferor
4. IHTM30264

   Instalment option: Lifetime transfers chargeable when made: Previous legislation and lifetime transfers
5. IHTM30265

   Instalment option: Lifetime transfers chargeable when made: Qualifying property

Instalment option: Gifts with reservation

1. IHTM30271

   Instalment option: Gifts with reservation: Deceased's residence
2. IHTM30272

   Instalment option: Gifts with reservation: Other qualifying property

Instalment option: Lifetime cesser of an interest in possession

1. IHTM30281

   Instalment option: Lifetime cesser of a qualifying interest in possession: Introduction
2. IHTM30282

   Instalment option: Lifetime cesser of a qualifying interest in possession: Cesser a PET
3. IHTM30283

   Instalment option: Lifetime cesser of a qualifying interest in possession: Cesser taxable when made

Instalment option: Relevant property trusts

1. IHTM30290

   Instalment option: Relevant property trusts

Instalment option: Woodlands

1. IHTM30300

   Instalment option: Woodlands

Instalment option: Attribution process

1. IHTM30311

   Instalment option: Attribution process: Introduction
2. IHTM30312

   Instalment option: Attribution process: Lifetime transfers
3. IHTM30313

   Instalment option: Attribution process: Death estate

Instalment option: End of instalment option

1. IHTM30321

   Instalment option: End of instalment option: Introduction
2. IHTM30322

   Instalment option: End of instalment option: Meaning of 'sold'
3. IHTM30323

   Instalment option: End of instalment option: Underwriting interests
4. IHTM30324

   Instalment option: End of instalment option: Chargeable transfers otherwise than on death

Interest

1. IHTM30341

   Interest: Introduction

Interest: Rates of interest

1. IHTM30351

   Interest: Rates of interest: Background
2. IHTM30352

   Interest: Rates of interest: The rates
3. IHTM30353

   Interest: Rates of interest: The higher and lower rates before 16 December 1986

Interest: Interest period

1. IHTM30361

   Interest: Interest period: General rule
2. IHTM30362

   Interest: Interest period: Instalments without interest relief
3. IHTM30363

   Interest: Interest period: Instalments with interest relief

Interest: Special rules

1. IHTM30371

   Interest: Special rules: Inheritance (Provision for Family & Dependants) Act 1975
2. IHTM30372

   Interest: Special rules: Voidable transfers
3. IHTM30373

   Interest: Special rules: Property accepted in satisfaction of tax
4. IHTM30374

   Interest: Special rules: Scotland - legitim
5. IHTM30375

   Interest: Special rules: Settled property - sales and mortgages of reversionary interests

Adjustment of tax paid

1. IHTM30401

   Adjustment of tax paid: Underpayments
2. IHTM30402

   Adjustment of tax paid: Repayments

Adjustment of tax paid: Reopening IHT liabilities

1. IHTM30411

   Adjustment of tax paid: Reopening IHT liabilities: Introduction
2. IHTM30412

   Adjustment of tax paid: Reopening IHT liabilities: Procedure

Adjustment of tax paid: Reconsideration of value

1. IHTM30421

   Adjustment of tax paid: Reconsideration of value: Introduction

Adjustment of tax paid: Reconsideration of value: Reconsideration by taxpayers

1. IHTM30431

   Adjustment of tax paid: Reconsideration of value - reconsideration by taxpayers: Bars to reopening value
2. IHTM30432

   Adjustment of tax paid: Reconsideration of value - reconsideration by taxpayers: Changed circumstances
3. IHTM30433

   Adjustment of tax paid: Reconsideration of value - reconsideration by taxpayers: Unquoted shares
4. IHTM30434

   Adjustment of tax paid: Reconsideration of value - reconsideration by taxpayers: Land and buildings
5. IHTM30435

   Adjustment of tax paid: Reconsideration of value - reconsideration by taxpayers: Decrease requested

Adjustment of tax paid: Reconsideration of value: Reconsideration by HMRC

1. IHTM30441

   Adjustment of tax paid: Reconsideration of value - reconsideration by HMRC: General rules
2. IHTM30442

   Adjustment of tax paid: Reconsideration of value - reconsideration by HMRC: Agreements
3. IHTM30443

   Adjustment of tax paid: Reconsideration of value - reconsideration by HMRC: Valuation Office Agency
4. IHTM30444

   Adjustment of tax paid: Reconsideration of value - reconsideration by HMRC: Shares and Assets Valuation
5. IHTM30445

   Adjustment of tax paid: Reconsideration of value - reconsideration by HMRC: Effect of a sale

Adjustment of tax paid: Determination of questions on previous view of the law

1. IHTM30451

   Adjustment of tax paid: Determination of questions on previous view of the law: Scope of IHTA84/S255
2. IHTM30452

   Adjustment of tax paid: Determination of questions on previous view of the law: HMRC law
3. IHTM30453

   Adjustment of tax paid: Determination of questions on previous view of the law: Disputed cases
4. IHTM30454

   Adjustment of tax paid: Determination of questions on previous view of the law: Payment and acceptance of tax
5. IHTM30455

   Adjustment of tax paid: Determination of questions on previous view of the law: Delay by HMRC
6. IHTM30456

   Adjustment of tax paid: Determination of questions on previous view of the law: Instalment cases
7. IHTM30457

   Adjustment of tax paid: Determination of questions on previous view of the law: Amendments after the change of practice

Adjustment of tax paid: Limitation of liability by lapse of time

1. IHTM30461

   Adjustment of tax paid: Limitation of liability by lapse of time: Statutory provisions
2. IHTM30462

   Adjustment of tax paid: Limitation of liability by lapse of time: Time limits for recovery of unpaid tax
3. IHTM30463

   Adjustment of tax paid: Limitation of liability by lapse of time: Provisional calculations
4. IHTM30464

   Adjustment of tax paid: Limitation of liability by lapse of time: Property in the hands of purchasers
5. IHTM30465

   Adjustment of tax paid: Limitation of liability by lapse of time: Offshore matter and offshore transfers

Remissions

1. IHTM30501

   Remissions: Introduction
2. IHTM30502

   Remissions: Distinction between remissions and irrecoverable assessments
3. IHTM30503

   Remissions: When a claim may be discharged

Remissions: Compromise cases

1. IHTM30531

   Remissions: Compromise cases: Points of law
2. IHTM30532

   Remissions: Compromise cases: Unenforceable claims
3. IHTM30533

   Remissions: Compromise cases: Assessments
4. IHTM30534

   Remissions: Compromise cases: Reference to Debt Management and Banking

Remissions: Erroneous or excessive repayments of tax

1. IHTM30551

   Remissions: Erroneous or excessive repayments of tax: Over-repayments to be reported
2. IHTM30552

   Remissions: Erroneous or excessive repayments of tax: Repayment of deposits
3. IHTM30553

   Remissions: Erroneous or excessive repayments of tax: Recovery procedures
4. IHTM30554

   Remissions: Erroneous or excessive repayments of tax: Interest supplement