– see also Settlements

Agricultural property, grants of tenancies

Commentary – Tax Reporter ¶610-950

Associated operations

Anti-avoidance decisions, implication

Commentary – Tax Reporter ¶608-650

Associated, meaning

Commentary – Tax Reporter ¶608-350–Tax Reporter ¶608-500
HMRC Guidance – IHTM14828
Case Law – Herdman v. Commissioners of Inland Revenue ; Reynaud & Ors v IR Commrs

Lapse of time between operations

Commentary – Tax Reporter ¶608-500

Meaning

Commentary – Tax Reporter ¶608-200

Operation, meaning

Commentary – Tax Reporter ¶608-250

Series of transactions, meaning

Commentary – Tax Reporter ¶608-600

Significance

Commentary – Tax Reporter ¶608-150

Value transferred, calculation

Commentary – Tax Reporter ¶608-550

Back-to-back arrangements

Counter legislation, application

Commentary – Tax Reporter ¶609-000
Case Law – Smith & Ors v. R & C Commrs

Deferred annuities

Commentary – Tax Reporter ¶609-150

Description of scheme

Commentary – Tax Reporter ¶608-950

Exemptions, availability

Commentary – Tax Reporter ¶609-100

Value transferred, measure

Commentary – Tax Reporter ¶609-050

Close company

Commentary – Tax Reporter ¶601-300
HMRC Guidance – IHTM04025

Corporation tax, allowable for

Commentary – Tax Reporter ¶610-600

Deemed

Legislation/Regulatory – IHTA84 s. 3(3)
HMRC Guidance – CG38540 ; IHTM04023 ; IHTM04034 ; IHTM04164 ; IHTM12223 ; IHTM14810 ; IHTM17037 ; IHTM17041 ; IHTM17057 ; IHTM17100 ; IHTM17101 ; IHTM17102 ; IHTM17103 ; IHTM17104 ; IHTM17107 ; IHTM17108 ; IHTM17301 ; IHTM17303 ; IHTM17307 ; IHTM17308 ; IHTM20556 ; IHTM20557 ; IHTM30041

Disclaimers, distribution of estate

Commentary – Tax Reporter ¶611-000

Dividends, waiver

Commentary – Tax Reporter ¶610-900

Dividends, waiver of

Legislation/Regulatory – IHTA84 s. 15
HMRC Guidance – IHTM04220

Excluded

Legislation/Regulatory – IHTA84 s. 10(1)
HMRC Guidance – IHTM04161 ; IHTM04163 ; IHTM11095 ; IHTM11162 ; IHTM14152 ; IHTM14810 ; IHTM17107

Excluded property

Commentary – Tax Reporter ¶609-300

Gifts in consideration of marriage

– see also Gifts in consideration of marriage

Generally

Commentary – Tax Reporter ¶644-550
HMRC Guidance – IHTM14201 ; IHTM14221

Income tax, allowable for

Commentary – Tax Reporter ¶610-600
Legislation/Regulatory – IHTA84 s. 12(1)
HMRC Guidance – IHTM04192 ; IHTM04193

Inheritance tax

Allowable as income tax/corporation tax deduction

Commentary – Quick Overview ¶16485

Changes in distribution of deceased's estate

Commentary – Quick Overview ¶16495

Disposition, meaning

Commentary – Quick Overview ¶16135

Employee trusts

Commentary – Quick Overview ¶16465

Family provision

Commentary – Quick Overview ¶16345 ; Quick Overview ¶16460

Generally

Commentary – Quick Overview ¶16035

Grant of agricultural tenancies

Commentary – Quick Overview ¶16490

Legitim, application for

Commentary – Quick Overview ¶16345

No gratuitous intent

Commentary – Quick Overview ¶16455

No transfer of value

Commentary – Quick Overview ¶16450–Quick Overview ¶16495

Non-liability

Commentary – Quick Overview ¶16045

Retirement benefits

Commentary – Quick Overview ¶16480

Variation or disclaimer

Commentary – Quick Overview ¶16345

Waiver of dividends

Commentary – Quick Overview ¶16475

Waiver of remuneration

Commentary – Quick Overview ¶16470

Interests in possession

Legislation/Regulatory – IHTA84 s. 49(2), (3), 52(2)

Loans

Legislation/Regulatory – IHTA84 s. 29
HMRC Guidance – IHTM11192 ; IHTM14236

Loans and free use of assets

Commentary – Tax Reporter ¶609-250
HMRC Guidance – IHTM19010 ; IHTM19100

Loans etc.

Commentary – Quick Overview ¶16135

Maintenance fund following interest in possession

Legislation/Regulatory – IHTA84 Sch. 4, para. 15A

Maintenance of the family

– see Dispositions for maintenance of transferor's family

Maintenance of transferor's family

– see Dispositions for maintenance of transferor's family

Meaning

Commentary – Tax Reporter ¶607-900
Legislation/Regulatory – IHTA84 s. 10(3), 272
HMRC Guidance – IHTM04023 ; IHTM04164 ; IHTM14822 ; IHTM14826 ; IHTM17107 ; IHTM17108

No gratuitous intent

– see Dispositions with no gratuitous intent

No transferee

Commentary – Tax Reporter ¶607-950

Omission to exercise right

Commentary – Tax Reporter ¶608-050

Omission, by

Commentary – Quick Overview ¶16135

Ramsay principle

– see Ramsay principle

Registered pension schemes

Legislation/Regulatory – IHTA84 s. 12(1)

Remuneration, waiver

Commentary – Tax Reporter ¶610-850
HMRC Guidance – IHTM04210

Remuneration, waiver of

Legislation/Regulatory – IHTA84 s. 14
HMRC Guidance – IHTM04210

Retirement benefits

Commentary – Tax Reporter ¶608-050 ; Tax Reporter ¶610-800

Scheme of charge, diagram

Commentary – Tax Reporter ¶608-000

Survivorship clause

Commentary – Quick Overview ¶16135

Time of making, determination

Cash

Commentary – Tax Reporter ¶615-550

Cheques

Commentary – Tax Reporter ¶615-600
Case Law – RHOKANA CORPORATION, LTD. v. COMMISSIONERS OF INLAND REVENUE

Choses in action

Commentary – Tax Reporter ¶615-750

Gifts constituting trusts

Commentary – Tax Reporter ¶616-250

Gifts involving contracts or binding promises

Commentary – Tax Reporter ¶615-350
HMRC Guidance – IHTM14883

Negotiable instruments

Commentary – Tax Reporter ¶615-650

Real property

Commentary – Tax Reporter ¶615-450

Revocable gifts

Commentary – Tax Reporter ¶615-150–Tax Reporter ¶615-250

Scots law

– see Scotland

Shares and securities

Commentary – Tax Reporter ¶615-700
HMRC Guidance – IHTM14885

Significance

Commentary – Tax Reporter ¶614-850

Tangible moveables

Commentary – Tax Reporter ¶615-500

Void transfers

Commentary – Tax Reporter ¶614-950

Voidable transfers

Commentary – Tax Reporter ¶615-000–Tax Reporter ¶615-100

Transfers of value, determination whether or not

Commentary – Tax Reporter ¶607-050
HMRC Guidance – IHTM04023 ; IHTM04027

Trustees

Commentary – Tax Reporter ¶603-100

Trustees' omission to exercise a right

Legislation/Regulatory – IHTA84 s. 65(9)

Trusts for employees

– see Employee benefit trusts; Employee trusts

Variation of

– see Deed of family arrangement