Instalments are available for controlling shareholdings (
IHTM18335) under IHTA84/S228 (1)(a)).
Instalments for smaller holdings on AIM, OFEX, USM and Rule
4.2(a), and on NASDAQ Europe after 28 November 01, are
theoretically available under IHTA84/S227 (2)(b) where the shares
and securities are classed as “unlisted” for business
relief (
IHTM25131) purposes. However, the
“minimum 20% holding” and “£20,000 minimum
value” rules apply, as explained in the instalments section (
IHTM30219) of this manual, which mean
that instalments are rarely due.
If instalments are claimed, follow the advice in the
instalments section of the manual, seeking advice from Shares and
Assets Valuation where necessary.
