If the property for which relief is claimed consists of
shares in a close company (
IHTM14851) you should refer the claim
to SAV for advice. They are responsible for the application of the
relief in these circumstances and will also consider whether the
sale satisfies the additional condition in IHTA84/S176 (5).
In the unlikely event of a claim for relief being made for
shares which qualify for business relief (
IHTM25131) or agricultural relief (
IHTM24000) you will need to reconsider
the relief in consultation with SV.
