– see also Assets; Land and buildings; Tangible moveable property

–

– see also assets

Acceptance in lieu of tax

– see Acceptance of property in satisfaction of tax

Acceptance in satisfaction of inheritance tax

Generally

Commentary – Tax Reporter ¶183-295

Historic buildings

Commentary – Tax Reporter ¶183-315

Interest on tax

Commentary – Tax Reporter ¶183-345

Land

Commentary – Tax Reporter ¶183-305

Objects associated with a building

Commentary – Tax Reporter ¶183-325

Works of art

Commentary – Tax Reporter ¶183-335

After acquired, bankrupt's interests

Commentary – Rossdale: Probate and Administration of Estates ¶42-270

Appointment on protective trusts

Case Law – Egerton and Anor. v. Inland Revenue Commissioners. [1982] BTC 8,023

Business, income from

– see Property income

Charge, subject to

Commentary – Rossdale: Probate and Administration of Estates ¶32-020

Chargeable gains

– see Chargeable gains/allowable losses

Compensation released

Commentary – Tax Reporter ¶199-850

Compulsory purchase

– see Compulsory acquisition of land

Compulsory purchase, compensation

Legislation/Regulatory – SP 8/79

Debt payment, appropriated/charged with

Commentary – Rossdale: Probate and Administration of Estates ¶32-080

Devolution of subject to general power of appointment

Commentary – Rossdale: Probate and Administration of Estates ¶26-050

Devolution of subject to hybrid power of appointment

Commentary – Rossdale: Probate and Administration of Estates ¶26-070

Devolution of subject to special power of appointment

Commentary – Rossdale: Probate and Administration of Estates ¶26-060

Enterprise zones

– see Enterprise zones

Entitled, income of

Commentary – Rossdale: Probate and Administration of Estates ¶26-030

Excluded

– see Excluded property

Foreign

– see Foreign property

Foreign companies owning UK property

Commentary – Woolley on Financial Planning with Trusts 39.2.2

Foreign domiciliary

Commentary – Woolley on Financial Planning with Trusts 17.1 ; Woolley on Financial Planning with Trusts 32.1

Foreign-owned

Legislation/Regulatory – IHTA84 s. 272

Funding care home costs

Commentary – Woolley on Financial Planning with Trusts 35.3

GAAR

Commentary – Woolley on Financial Planning with Trusts 32.3.2

General power, appointed under

Commentary – Rossdale: Probate and Administration of Estates ¶32-110

Generally

Commentary – Woolley on Financial Planning with Trusts 15.1

Gifts on death

Overview

Commentary – Woolley on Financial Planning with Trusts 31.2.1

Planning

Commentary – Woolley on Financial Planning with Trusts 31.2.3 ; Woolley on Financial Planning with Trusts 32.3.3

To children via will

Commentary – Woolley on Financial Planning with Trusts 31.2.2

Immovable

Deductibility of rental losses from taxable income

Case Law – Grundstücksgemeinschaft Busley and Cibrian Fernandez v Finanzamt Stuttgart-Körperschaften (Case C-35/08). [2010] BTC 41

Taxation of transfers

Case Law – Halliburton Services BV v. Staatssecretaris van Financiën [1994] BTC 8,069

Immoveable/moveable distinguished

Commentary – Rossdale: Probate and Administration of Estates ¶1-090

Income from

– see Property income

Income, non-producing and settled residue

Commentary – Rossdale: Probate and Administration of Estates ¶45-050

Inheritance tax

Excluded

– see Excluded property

Foreign

– see Foreign property

Gifts in consideration of marriage

Commentary – Tax Reporter ¶644-650

Gifts to charities

Commentary – Tax Reporter ¶645-300

National heritage

– see National heritage property

National purposes, gifts for

Commentary – Tax Reporter ¶646-150

Normal expenditure out of income, exemption

Commentary – Tax Reporter ¶644-250

Personal property

Commentary – Tax Reporter ¶629-850

Political parties, gifts to

Commentary – Tax Reporter ¶645-800

Real property, situation

Commentary – Tax Reporter ¶684-850

Related

– see Related property

Situation

– see Locality of assets

Small gift exemption

Commentary – Tax Reporter ¶643-850

Transfers between spouses

Commentary – Tax Reporter ¶644-950

Transfers on death

– see Transfers on death

Valuation

– see Valuation for inheritance tax

Insurance, powers of personal representatives

Commentary – Rossdale: Probate and Administration of Estates ¶37-170

Investment properties

Commentary – Woolley on Financial Planning with Trusts 32.3.1

Investment trusts investing in housing

– see Investment trusts

Joint

Definition

Commentary – Rossdale: Probate and Administration of Estates ¶28-010

Tenancy in common, conversion into

Commentary – Rossdale: Probate and Administration of Estates ¶28-020

Joint ownership

– see Joint ownership

Land

– see Land and buildings; Part disposals of land

Lifetime gifts (planning)

Commentary – Woolley on Financial Planning with Trusts 31.1.4 ; Woolley on Financial Planning with Trusts 32.3.2

Main residence

– see Residence

Meaning

Commentary – Rossdale: Probate and Administration of Estates ¶28-110
Legislation/Regulatory – IHTA84 s. 271, 272 ; SI 1987/1130 reg. 2

Moveable/immoveable distinguished

Commentary – Rossdale: Probate and Administration of Estates ¶1-090

Mutual wills

Doctrine of

Commentary – Rossdale: Probate and Administration of Estates ¶28-100

Uncertainty

Commentary – Rossdale: Probate and Administration of Estates ¶28-110

Non-residents CGT

Commentary – Woolley on Financial Planning with Trusts 16.5

Obtained through unlawful conduct, recovery

– see Assets Recovery Agency (ARA); Civil recovery proceedings

Overseas, distribution

Commentary – Rossdale: Probate and Administration of Estates ¶49-130

Personal/real distinguished

Commentary – Rossdale: Probate and Administration of Estates ¶1-090

Pre-owned assets

– see Pre-owned assets

Principal private residence

Commentary – Woolley on Financial Planning with Trusts 11.3

Prohibition on ownership imposed outside UK

Commentary – Rossdale: Probate and Administration of Estates ¶42-300

Real estate investment trusts

– see Real estate investment trusts (REITs)

Recovered

Commentary – Tax Reporter ¶199-850

Rent free occupation

Commentary – Woolley on Financial Planning with Trusts 3.1.2

Sale, payments for

– see Sale of property

Sale, tax avoidance scheme

Case Law – Bird & Ors v. Inland Revenue Commissioners. Breams Nominees Ltd. & Anor v. Inland Revenue Commissioners. [1987] BTC 134

Second properties

Commentary – Woolley on Financial Planning with Trusts 32.2

Settled

– see Settlements

Solvent estates

Charge, subject to

Commentary – Rossdale: Probate and Administration of Estates ¶32-020

Debt payments

Commentary – Rossdale: Probate and Administration of Estates ¶32-080

General power, appointed under

Commentary – Rossdale: Probate and Administration of Estates ¶32-110

Specifically devised

Commentary – Rossdale: Probate and Administration of Estates ¶32-100

Undisposed of by will

Commentary – Rossdale: Probate and Administration of Estates ¶32-060

Specifically devised

Commentary – Rossdale: Probate and Administration of Estates ¶32-100

Stock in trade, relief

Case Law – Payne (H.M. Inspector of Taxes) v. Barratt Developments (Luton) Ltd. [1983] BTC 452 ; Payne (H.M. Inspector of Taxes) v. Barratt Developments (Luton) Ltd. [1985] BTC 3

Tenancies

– see Tenancies

Tenancies –

– see tenancies

Trust

Commentary – Rossdale: Probate and Administration of Estates ¶19-060

Trust registration service

Commentary – Woolley on Financial Planning with Trusts 40.5.5

Unavailable as part of estate

Imperfect gifts

Commentary – Rossdale: Probate and Administration of Estates ¶28-030–Rossdale: Probate and Administration of Estates ¶28-050

Joint

Commentary – Rossdale: Probate and Administration of Estates ¶28-010–Rossdale: Probate and Administration of Estates ¶28-020

Mutual wills, subject to

Commentary – Rossdale: Probate and Administration of Estates ¶28-100–Rossdale: Probate and Administration of Estates ¶28-110

Nomination powers

Commentary – Rossdale: Probate and Administration of Estates ¶28-120–Rossdale: Probate and Administration of Estates ¶28-140

Small debts, payment of

Commentary – Rossdale: Probate and Administration of Estates ¶28-150

Valuation

– see Valuation

Vesting on death

Commentary – Rossdale: Probate and Administration of Estates ¶4-040

Which can be governed by a will

Commentary – Rossdale: Probate and Administration of Estates ¶19-010

Will, undisposed of by

Commentary – Rossdale: Probate and Administration of Estates ¶32-060