IHTM28000 - Liabilities: contents
| Introduction |
| Investigating liabilities |
| Investigating form IHT419 |
| Law relating to debts |
Introduction
| IHTM28001 | Summary |
| IHTM28010 | General background to deducting liabilities |
Investigating liabilities
| IHTM28030 | General principles |
| IHTM28040 | Accountants and solicitors fees |
Annuities
| IHTM28050 | Annuities |
| IHTM28051 | Payment of annuity is the personal responsibility of the deceased or transferor |
| IHTM28052 | Annuitant can insist that capital is set aside to meet annuity |
Capital gains tax
| IHTM28060 | Capital gains tax |
| IHTM28061 | Link between capital gains tax liability and assets in the estate |
Contingent liabilities
| IHTM28070 | Contingent liabilities |
Costs & commissions
| IHTM28080 | Costs & commissions |
| IHTM28081 | Costs of sale (general) |
| IHTM28082 | Costs of discharge of receiver in lunacy |
| IHTM28083 | Costs of discharge of Curator Bonis |
| IHTM28084 | Costs of discovery agents' commission |
Divorce and separation payments
| IHTM28090 | Separation, divorce or dissolution of a civil partnership payments |
| IHTM28091 | Annuities payable on separation, divorce or dissolution of a civil partnership |
| IHTM28092 | Claims for financial relief for divorce under the Matrimonial Causes Act or dissolution of a civil partnership under the Civil Partnership Act 2004 |
| IHTM28093 | Claims for financial relief under the Family Law (Scotland) Act 1985 or Civil Partnership Act 2004 |
| IHTM28094 | Interim maintenance orders ceasing on the deceased's death |
Foreign taxes
| IHTM28100 | Foreign taxes |
| IHTM28101 | Deduction for tax debts in the Republic of Ireland |
| IHTM28102 | Canadian Income Tax |
| IHTM28110 | Future debts |
| IHTM28120 | Future payments incurred under s262 |
| IHTM28130 | Gaming debts |
| IHTM28140 | Goods and services |
Income Tax
| IHTM28150 | Income Tax |
| IHTM28151 | Large Income Tax liabilities |
| IHTM28152 | Income Tax investigation settlements |
| IHTM28153 | Estimated Income Tax liabilities |
| IHTM28154 | Income Tax on the disposal of an 'offshore fund' |
| IHTM28155 | Income Tax on the disposal of deep discount securities |
| IHTM28156 | Income Tax on interest bearing securities |
| IHTM28157 | Income Tax on sums receivable following the discontinuance of a business |
| IHTM28158 | Income Tax payable on the death of a partner in a business |
| IHTM28159 | Ex-gratia payments of tax |
| IHTM28160 | Chargeable gains that give rise to an Income Tax liability when a life insurance policy matures |
Inheritance tax
| IHTM28170 | Inheritance tax |
| IHTM28171 | Contingent inheritance tax liability |
Insurance premiums
| IHTM28180 | Insurance premiums |
Local authority payments
| IHTM28190 | Local authority payments |
| IHTM28191 | Rates |
| IHTM28192 | Council Tax |
Medical bills
| IHTM28200 | Medical bills |
Mortgages
| IHTM28210 | Mortgages |
| IHTM28211 | Mortgages (doctrine of exoneration) |
| IHTM28220 | Necessaries |
| IHTM28240 | Property repairs |
| IHTM28250 | Redundancy payments |
| IHTM28260 | Rents payable in advance |
| IHTM28270 | Set-aside payments |
| IHTM28280 | Sums owed to NQ companies |
Sums payable to third parties (contents)
| IHTM28291 | Sums payable to third parties in England and Wales |
| IHTM28292 | Sums payable to third parties in Scotland |
| IHTM28293 | Extent to which sums payable to third parties are allowable |
Uncashed cheques
| IHTM28300 | Uncashed cheques |
Investigating form IHT419
| IHTM28311 | Purpose of the form |
Loans from relatives and friends
| IHTM28321 | Obtaining information about loans from friends and relatives |
| IHTM28322 | Investigating loans from friends and relatives |
| IHTM28323 | Is a loan from friends and family allowable? |
| IHTM28330 | Money spent on behalf of the deceased by a close friend or relative |
| IHTM28340 | Liabilities relating to an insurance policy |
Guarantee debts
| IHTM28351 | What is a guarantee debt? |
| IHTM28352 | Obtaining information about a guarantee debt |
| IHTM28353 | Consideration for a guarantee debt |
| IHTM28354 | Reimbursement of guaranteed debt |
| IHTM28355 | Calculating the allowable deduction for a guarantee debt |
| IHTM28356 | Lifetime transfers on guarantee debts |
| IHTM28357 | Lifetime transfers on guarantee debts called in and fully paid before death |
Section 103 FA 1986 liabilities
| IHTM28361 | Purpose of FA86/s103 |
| IHTM28362 | How FA86/S103works? |
| IHTM28363 | How to identify and handle FA86/s103debts |
| IHTM28364 | Practical guidance on dealing with FA86/s103 debts |
| IHTM28365 | How FA86/S103 applies when the consideration is 'property derived from the deceased'? |
| IHTM28366 | How FA86/S103 applies when there is 'consideration given by any person whose resources at any time included property derived from the deceased' |
| IHTM28367 | Definition of property derived from the deceased for FA86/S103 purposes |
| IHTM28368 | When property derived from the deceased can be disregarded for FA86/S103 purposes? |
| IHTM28369 | Allowing part of a debt under FA86/S103 (2) |
| IHTM28370 | Double charges following disallowance of a debt under FA86/S103 |
Law relating to debts
| IHTM28381 | Legal background |
| IHTM28382 | What is consideration? |
| IHTM28383 | Debts must be legally enforceable |
| IHTM28384 | Statute-barred debts |
| IHTM28385 | Right to reimbursement |
Property against which deductions may be made
| IHTM28391 | General rules for deducting liabilities against property |
| IHTM28392 | Deducting liabilities that are charged or fixed to specific property |
| IHTM28393 | Deducting business debts |
| IHTM28394 | Deducting foreign debts |
| IHTM28395 | Deducting liabilities where there is excluded property |
| IHTM28396 | Deducting UK debts when there is both UK and foreign property in the estate |
| IHTM28397 | Dealing with deficits |
