IHTM26000 - Calculating the chargeable estate: contents

Introduction

IHTM26001	Introduction
IHTM26002	Quantifying the amount which is chargeable and the amount which is exempt
IHTM26003	Definitions

IHTM26020	Special rule concerning spouse or civil partner exemption
IHTM26030	Calculation where residue wholly chargeable
IHTM26040	Calculation where there are no specific gifts
IHTM26050	Calculation where residue partly chargeable and no chargeable specific gifts
IHTM26060	Calculation where there are chargeable specific gifts and residue wholly exempt

Order in which to apply the partly exempt transfer rules

Abatement where there are not enough assets to pay specific gifts in full

IHTM26101	Introduction
IHTM26102	Situations where interaction applies
IHTM26103	Summary of the interaction provisions
IHTM26104	Outline of the interaction procedure
IHTM26105	Extent of examination necessary where residue exempt
IHTM26106	Specific gifts of relievable property
IHTM26107	Anti-avoidance provisions
IHTM26108	The appropriate fraction
IHTM26109	The appropriate fraction where there are no specific gifts of relievable property
IHTM26110	The appropriate fraction where there are specific gifts of relievable property

IHTM26121	Background
IHTM26122	How grossing up works
IHTM26123	The specific gifts you should gross up
IHTM26124	How to decide whether specific gifts out of the free estate bear their own tax
IHTM26125	How to decide whether specific gifts out of settled property bear their own tax
IHTM26126	Other property which bears its own tax
IHTM26127	What to do if the value of a gift is dependent upon the amount of an exemption
IHTM26128	Initial procedure for grossing up
IHTM26129	Grossing up where there are any reliefs due
IHTM26130	Grossing up where there are exemptions with a value limit
IHTM26131	Deciding which type of grossing calculation to use
IHTM26132	The grossing calculator
IHTM26133	Grossing up position where (additional) legacies are given by a surviving spouse under a variation accepted as within IHTA84/s142

IHTM26141	Introduction
IHTM26142	Calculation when there is no lifetime cumulation
IHTM26143	Calculation when there is a lifetime cumulative total which is below the threshold
IHTM26144	Calculation when there is a lifetime cumulative total in excess of the threshold

IHTM26151	Exceptions where four stage grossing is not necessary
IHTM26152	The four stages
IHTM26153	Stage 1
IHTM26154	Stage 2
IHTM26155	Stage 3
IHTM26156	Stage 4
IHTM26157	Example of a four stage calculation
IHTM26158	Example of a four stage calculation where interaction and settled property are also involved

IHTM26171	Legal background
IHTM26172	Practice

Step 5 - abatement caused by grossing up

Apportioning the grossed up estate between instalment and non-instalment option property

IHTM26211	Introduction
IHTM26212	Gifts out of different funds
IHTM26213	Example of the effect of S40
IHTM26214	Lifetime cumulative total and gifts with reservation