Death of tenant

Legislation/Regulatory – FA96 s. 185(3), (5) ; IHTA84 s. 116(5A)-(5E)

Dispositions not treated as transfers of value

Commentary – Tax Reporter ¶610-950

Grant not a transfer of value

Legislation/Regulatory – IHTA84 s. 16(1)

Inheritance tax

Commentary – Quick Overview ¶16490 ; Quick Overview ¶16730

Notice to quit, compensation

Legislation/Regulatory – IRInt. 138

Rate of relief

Legislation/Regulatory – FA95 s. 155(3) ; IHTA84 s. 116

Relief

Commentary – Tax Reporter ¶658-300

Rent payable

Legislation/Regulatory – FA2003 Sch. 17A, para. 7(4A)

Scotland

Legislation/Regulatory – FA95 s. 155(3) ; IHTA84 s. 116(2A), 177

Settlements without interests in possession, exit charge

Legislation/Regulatory – IHTA84 s. 65(6)

Surrender, capital sum derived from asset

Case Law – Davis v Henderson (HMIT) (1995) Sp C 46 ; Pritchard v Purves (HMIT) (1995) Sp C 47

Termination, compensation on

Commentary – Tax Reporter ¶514-650
HMRC Guidance – CG72450
Case Law – Davis (H.M. Inspector of Taxes) v. Powell ; Davis v Henderson (HMIT) ; Pritchard v Purves (HMIT)

Valuation, hypothetical purchaser

Case Law – Walton (Executor of Walton dec'd) v Inland Revenue Commissioners. [1996] BTC 8,015