IHTM37092 - Example Notices of Determination: land (with agricultural land)
Inheritance Tax
Notice of Determination
Under Section 221, Inheritance Tax Act 1984
TO: Mr Andrew Bernard Carr date: 13 February 2021
c/o Arnold and Sons
27 Liver Place IHT ref: F123123/19A
LIVERPOOL Case Ref: CFS-987654 LP1 1AB
The Commissioners for His Majesty’s Revenue and Customs have determined -
In relation to the deemed disposal for the purposes of inheritance tax on the death on 10 September 2018 of Alan Bertram Carr (“the Deceased”)
That at that date, the Deceased’s freehold interest in the 25 acres of land at Carr Farm, Little Michelton, Lancashire had
a) an open market value, having regard to the terms of section 160 Inheritance Tax Act 1984, of £375,000;
b) an agricultural value of £150,000.
(Name of issuing officer)
For the Commissioners for His Majesty’s Revenue and Customs
Right of appeal
If you wish to appeal against this determination (or any part of it), you should within 30 days after service of this notice give notice of appeal in writing, specifying the grounds of appeal, to
[Name of issuing Officer]
WMBC
HM Revenue & Customs
BX9 1LH
You need to quote the case reference [CFS-xxxxxx] and the Inheritance Tax (IHT) reference shown above when writing to us at the above address. If you send any documents to us you must tell us if you want them returned as we may securely destroy them after 90 days