IHTM30461 - Limitation of liability by lapse of time: statutory provisions

The provisions dealing expressly with the effect of lapse of time on a person’s liability are

• IHTA84/S240 (2) and (3) prevents proceedings for the recovery of additional tax in specified circumstances (IHTM30462)
• IHTA84/S238 (2) deals with the release, by lapse of time, from the HMRC charge of property disposed of to a purchaser (IHTM30464).