IHTM33142 - Non-qualifying sales: exceptions to
the rule for adjusting the price
There is no provision under IHTA84/S196 for taking into account
a non-qualifying sale
- where the sale price (
IHTM33072) is less than the value on
death (
IHTM33100), that is where a loss is
made, or
- where the sale takes place in the fourth
year after death (
IHTM33074) for more than the date of
death value.
