10-year anniversary

Acceptance of property in satisfaction of

Accounting for and timing of



Accumulation and maintenance settlements

Accumulation and maintenance trusts

Adjustment of tax

Adjustments or repayments of tax


– see also Administration of tax

Assessments and determinations


Time limits for assessments, claims etc.

Agricultural property

Agricultural property relief


Agricultural property relief, gifts of business assets

Agricultural tenancies

Amount of

Annual exemption


Attribution of

Carry-forward of unused

Close companies



Interaction with other exemptions

Potentially exempt transfers

Settled property

Transfers on the same day

Annual exemption (use by power of attorney)

Anti-avoidance rules

Appeal against notice of determination

Appeal heard after out of time application

Appeal struck out


– see Appeals

Appellant permitted to give oral evidence

Appellant's lifetime transfers to a settlement

Appointment of settled property

Charities, transfers of value

Exempt government securities


Appointment out of discretionary trust within three months of death, deceased's wishes

Apprenticeship levy

Application of other regimes

Armed forces, exempt estates

As expense of estate

Assessments, time limits for

Assignment of reversionary interest in shares

Associated operations

Avoidance scheme

Government securities in foreign ownership

Newspaper-Franco scheme

Potentially exempt transfer

Reverter to settlor, Ramsay principle

Avoidance schemes

Bank joint accounts offshore comprising deceased's estate

Bankruptcy of executor beneficiary

Bare trusts

Basics of




Nil rate band

Rates of tax


Residence nil rate band

Transferable nil rate band

Transferable residence nil rate band

Beneficiaries, allocation of exemption

Bequest for sporting purposes, charitable gift exemption

Bereaved minors

Bradford &Bingley shareholders

Building society accounts

Held as trustee/power to dispose of

Left out of return, additional tax

Burden of tax

– see also Incidence of tax


Business combination/separation

Business property

Business property relief


Business protection

By-pass trusts

– see also By-pass trusts



Caravan parks

Care home costs

Case law review

Certificates of discharge

Changes in distribution of deceased's estate

Charge on death

Chargeable events under relevant property trusts

Chargeable gains


Gifts of non-business assets post-31 March 1989

Chargeable lifetime transfers (reporting of)

Chargeable transfer


Chargeable transfers

Charging provisions


Close companies

Companies other than close companies

Connected persons

Corporations sole

Husband and wife


Joint owners


Trust beneficiaries


Unincorporated associations

Charitable donations, reduced inheritance tax rate

Charitable trusts


Charity residuary beneficiary

Choice of trust

Civil partners

Civil partnerships and married couples, orders under

Claims under Inheritance (Provision for Family and Dependants) Act 1975

Close companies

– see also Close companies



Conditional exemptions

Amount of charge

Designations and undertakings



Construction of will clause

Contributions on behalf of others

Cumulation of transfers

Calculation using tax tables

Chargeable lifetime transfer

Exemptions and their use

Potentially exempt transfer

Present position

Cumulation period

Damages, public revenue dividend

Death benefits

Death transfers, rate of tax

Debts (whether deductible where reservation of benefit)

Deceased granted reversionary sub-lease out of leasehold interest

Deceased reduced value of estate before death

Deceased's estate

– see Estate

Deed of variation


Deed of variation, effect on

Deeds of variation

Deemed disposal

Deemed domicile

Delivery of account

Delivery of accounts

Chargeable lifetime transfers

Excepted estates

Excepted settlements


Gifts subject to reservation

National heritage property

Penalty for failure to deliver

Potentially exempt transfers becoming chargeable

Relevant property settlements

Transfers on death

Value below which no account required

Disabled person, trust property under will trust forming part of estate on death

Disabled persons (trusts for)

Disabled persons' trusts

Disclaimer of benefit under legacy, failure to meet legal requirements

Disclaimer, effects on


Disclosure of tax avoidance schemes

Discretionary trusts

10-year anniversary charge


Exit charge

General rules


Joint settlors


Periodic charge

Discretionary will trusts

Discrimination, human rights


– see also Dispositions

Connected person

Gratuitous benefit, payment to funded unapproved retirement benefit scheme

Maintenance of spouse, cash gift or half-share in house

Distribution of property settled by will, transfer of shares from discretionary trust

Distribution risks

Documents, service of


– see also Domicile

Electing to be UK domiciled


Domicile (deemed)

Domicile (significance)

Domicile of choice

Domicile, election for UK domicile

Donor bearing tax


Discretionary trusts


Grossing up, where necessary

Lifetime gifts

Net gift following previous gifts


Double charges

– see also Double charges


Double Tax Treaties

Double taxation agreements

Double taxation relief

Due dates for payment

Emergency services, exempt estates

Employee benefit trust (transfer to)

Employee ownership trusts

Employee trusts

Employer-financed retirement benefit schemes

Estate duty

Estate on death

Estate property

Estate, wife's interest in husband's estate forming part of her estate on death

Estates in administration

Interest in residue


Settlements created by survivorship clauses

Specific and pecuniary legacies

Excepted estates

Excepted estates, dispensing with an account

Excepted group life policies

Excepted lifetime chargeable transfers

Excepted settlements

Excepted terminations and chargeable events

Excluded property

– see also Excluded property



Reversionary interests


Visiting forces, property of

Excluded property trusts

Exempt and non-exempt joint beneficiaries

Exempt estates

Exempt transfers

– see also Exempt transfers

Capital distributions

Normal expenditure out of income


Exemptions and reliefs

Exemptions and reliefs, generally

Exemptions at death

Exit charges

By-pass trusts

Discretionary trusts


Pension payments to beneficiaries

Expats (key points for)

Failure to lodge tax return on death of life tenant

Fall in value relief

– see also Fall in value relief


Family home

Family investment companies

Family provision

Applications for



FHL criteria (separate test)

Filing of returns by PRs

Flexi-access drawdown

Flexible trusts (pre-22 March 2006)

Fraud, recovery of tax

Free movement of capital

Exclusion of tax advantages

Immovable property located in member state, right to allowance against taxable value

Freedom of establishment, exclusion of tax advantages

Funeral expenses, deduction for

Furnished holiday letting business

General anti-abuse rule

Provisional counteractions


Gift aid qualifying donation, repayment of tax

Gift of residue exempt under Inheritance Tax Act 1984 ('IHTA 1984')

Gift with reservation


Business assets

Charities to

Exemptions at death


In consideration of marriage/civil partnership

Minors, to


To the nation

To UK charities

Gifts for national purposes etc

Gifts made by attorneys, validity of

Gifts with reservation

Gifts with reservation of benefit

Gratuitous benefit (intention to confer)

Grossing up

Historic buildings

Historical background


History of

HMRC questionnaire

HMRC view

HMRC's power to require information

Husband and wife

Identification of donated property

Immediate post-death interest trusts

Incidence of tax

– see also Incidence of tax


Increased nil-rate band

Indemnities for PRs


Instalment option

Instalment payments

Insurance-linked products

Inter spouse transfers

Interaction with other capital taxes

Interaction with VAT

Interest in a pension fund, general rules

Interest in possession

Interest in possession trusts (pre 22 March 2006)

Interest in possession, avoidance

Interest in possession, settled property

Interest on late paid tax

Interest on late payments/repayments

Interest on tax due

Interest on unpaid/overpaid tax

Intestate rules

Inventory containing estimated valuations, executor acting in accordance with accepted principles

Investment properties

Isle of Man trust

Anti-avoidance case law

Excluded property or acquired for consideration

Tax planning arrangement involving transfer of reversionary interest

Transfer of value

Joint ownership

Late appeals

Leasehold carveouts

Letters of administration, no application for grant of


Exceptions from and limitations of

Executor de son tort

Exempt estates


Incidence that all IHT should be paid out of residue

Personal representative

Residuary beneficiary through negligence and breach of duty of care

Liability of PRs

Liability to

Licence to sub-let given by landlord to deceased

Life assurance policies and annuities, transfer of value

Life assurance protection plans

Life policies

Lifetime care plans

Lifetime gifts to trusts

Lifetime pilot settlements

Lifetime tax planning

Lifetime transfers

– see also Lifetime transfers


Lifetime transfers of death benefits

Lifetime transfers, rate of tax

From 15 March 1988 to 5 April 2022

From 17 March 1987 to 14 March 1988

From 18 March 1986 to 16 March 1987


Loan to pay, interest relief

Loans re UK residential property

Loans to pay, interest relief

Loans to purchase land by partnership, relief

Location of assets

Lump sum death benefits


Exit charges on payments to beneficiaries

Flexi-access pensions



Nominating dependant/nominee or successor

Omission to exercise right

Payments made two years after member's death

Powers of appointment


Transfer of value

Maintenance funds

Maintenance payments paid to ex-wife, part of estate of wife on death

Marital breakdown, inter-spouse transfers

Meaning of spouse, transfers between spouses

Money in a bank account was jointly owned by the deceased

Mourning costs, deduction for

National heritage property

Negligible value (transfer value)

Nil rate band


Transfer between spouses/civil partners

Nil rate band legacy

Transferable nil rate band

Nil rate band trust

Absence of signed notice of severance

Consideration of other methods of severance

Draft notice produced

Evidence sufficient to show that original notice served

Joint tenancy of property severed

Weight of draft in context of other evidence

Nil-rate band

Capital transfer tax 13 March 1975 to 17 March 1986

Estate duty 16 August 1914 to 12 March 1975

Residence 2017-18 to 2025-26

No interest in possession, settled property

Non domiciled spouses

Non-domicile IHT planning

Non-domiciled individuals

Deemed domicile

Election to be treated as domiciled in the UK

Residential property of non-domiciles

Returning UK dom

Non-domiciled spouses

Non-domiciliaries occupying UK residential property


Non-resident companies

Non-resident trusts

Non-resident companies

Non-resident trust

Normal expenditure out of income


Northern Rock shareholders

Notice of appeal, extension of time limit for serving

Notice of determination


Time limits for

Occasions of charge

Basic concepts



Intention of the tax

Measurement of the charge

Settled property

Offshore trusts

Omission to exercise a right

Omission to take lifetime benefits

On establishing trust

Order to provide money/property

Ordinary residence



Participators in close company, deemed disposal

Particular problems of pension benefits

Partnership assets, transfer of


Agricultural property relief

Charging provisions


Payment by instalments

Payment of

Additional tax on amendments and interest thereon

Application for reference number and payslip

As condition for probate

Due date for payment

Instalment basis

Late payment


Payment of tax

Payment of, loan interest relief

Payment, due dates


– see also Penalties

Accounts, failure to deliver

Criminal proceedings

Deed of variation, failure to report

Delivery of accounts, failure to make

Disclosure of overseas trusts, failure to make a return

Error in tax payer's documents


Incorrect information

Incorrect information or document

Incorrect returns

Information and documents, failure to provide

Information, failure to comply with notice

Offshore asset moves/tax evasion or non-compliance

Offshore inaccuracies and failures

Reductions for disclosures

Returns, failure to deliver

Penalty on beneficiary for error in inheritance tax account (IHT 400)

Pension benefits deferred, diminuation of deceased's estate

Pension death benefits

Pension drawdown funds


Associated operations

By-pass trust


Death before age 75

Death benefits

Death on or after age 75

Exclusion from estate

Flexi-access pensions

Form IHT409

General power of appointment

General rules

Gratuitous benefit

Omission to exercise a right

Overview of recent changes

Pension commencement lump sum

Pension plans

Structure of scheme


Transfers of value

Periodic charges

Permission given to appeal out of time

Personal injury trust

Persons chargeable

Persons liable on death transfers

Persons liable on lifetime transfers


– see Tax planning

Potentially exempt transfers


Potentially exempt transfers (failed)

Potentially exempt transfers, relief for loss of exemption

Power of appointment

Power of appointment over property

Power of attorney, validity of gifts made under

Powers of attorney

Pre-owned assets

– see also Pre-owned assets



Intangible property in settler interested trusts


Pre-owned assets, charge to tax

Probate (avoiding)

Probate returns

Property chargeable

Property disposed of by way of gift, subject to a reservation under Finance Act 1986, s. 102

Property not disposable by will

Property was in the sole beneficial ownership of the deceased

Protective trusts

Protective trusts, appointment of trust property

Provision of additional services

Quick succession relief

Ramsay principle


Calculation after change in rates

Changes in rates

Charitable legacies



Lifetime transfers

Maintenance funds, property leaving the fund


Rates of tax


Recovery of tax

Recovery of unpaid tax, bankruptcy of executor beneficiary

Registration requirement for trusts

Related property

Related property relief

Relevant property regime

Relevant trust not subject to jurisdiction of UK courts

Relief for gifts to charities

Relief for sales of assets below probate value

Anti-avoidance (property)

Appropriate person

Change in nature of property


Date of sale (interests in land)

Date of sale (investments)

Forms IHT35 and IHT38


HMRC views

IHT v CGT impact

Interests in land


Jointly held property

Qualifying assets

Qualifying investments

Related property sales

Sales above probate value

Time limits for claims

Reliefs and exemptions

Repayment of tax following order


Included in estate

Replacement of estate duty


Residence nil rate band

Residential property in UK

Residue of estate given to exempt and non-exempt beneficiaries, calculation

Retrospective application of legislative provision


Reversionary interests

Reversionary lease as part of inheritance tax saving scheme

Rules relating to pension plans

Rysaffe planning

Sale of land

From deceased's estate, administrator's entitlement to relief

Within three years of death

Scrip dividends, capital or income

SDLT to be considered alongside

Series of transactions, Ramsay principle

Service of documents

Settled property

Settlement nil rate band



Settlor non-UK domiciled, settlement made for purposes of Inheritance Tax Act 1984

Settlor, death of

Shared occupation schemes


Small estates

Small gift exemption

– see also Small gift exemption


Small gifts exemption

Soft drinks industry levy

HMRC powers

Special charge


Lifetime transfers of death benefits


Transfers to another scheme

Statutory test

Staying/dismissing proceedings

Structure of pension schemes

Succession planning where BPR not available

Survivorship clause

Survivorship clauses


Statutory presumptions

Will drafting

Survivorship unknown

Taper relief

Temporary non-residence

Territorial limits

Excluded property, summary


Property situated outside UK

Settled property situated outside the UK

Threshold for

Time limits for assessments and claims

Time limits for claims


Delivery of accounts

Payment of tax

Tombstones and headstones, deduction for

Trading status (link to)

Transactions by trustees set aside, application of Hastings-Bass rule

Transfer of funds to personal pension plan while diagnosed with terminal cancer

Transfer of value

Appointment of trust property to charities

Associated operations

Deed of partition before death

Life assurance policies and annuities, associated operations

Omission to take lifetime benefits

Transferable nil rate band

Claim for

Discretionary will trusts


Transferable residence nil rate band

Transfers between spouses


Nil rate band

Transfers between spouses, unmarried persons

Transfers by UK-domiciled spouse/civil partner to non-UK domiciled spouse/civil partner

Transfers of pension to another scheme

Transfers of value


Dispositions which are not



Transfers of value (whether negligible)

Transfers on death

Transfers on death/within seven years of death, rate of tax

From 15 March 1988 to 5 April 2022

From 17 March 1987 to 14 March 1988

From 18 March 1986 to 16 March 1987


Transfers to charity

Transfers to partnerships


Treatment of property subject to an order

Tribunal's jurisdiction over respondents' decision, refuse discretion to accept loss relief under Income Tax Act 2007, s. 64 and 72

Trustee's failure to respond to correspondence from 13 August 2010 including appearance on hearings

Trustees absolute discretion over wife's occupation of former matrimonial home

Trustees, limited liability


Trusts (use of)

Trusts for the disabled

Two-year discretionary trust


Charge for


Unpaid, rate of interest


– see also Valuation for inheritance tax; Value for inheritance tax; Valuation

Agricultural tenancy, hypothetical purchaser

Assets forming part of estate, free movement of capital

Assets, jurisdiction of Lands Tribunal

Convertible unsecured loan stock, valuation of conversion rights

Deceased's interest in freehold property

Land, freehold and tenancy interest

Limitation period for registered shares, location of centre of company management

Reserved rights to life annuity

Unquoted shares, open market value


Value of assets and adjustment to

Value, determination on death

Variation and disclaimers

Variation of the devolution

Victims of persecution during Second World War era

Whole or part of business

Will planning

Will trusts

– see Will trusts


– see Woodlands

Woodlands relief

Woodlands, relief

Working farmer relief

Works of art

– see also Works of art


Works of art, proposed variations to open access