IHTM23000 - Land and Buildings: contents
Introduction
Who values interests in land?
Map of group valuation office areas
Investigation of form IHT405
Making a reference to the VOA
Communications with the VOA
What to do on receipt of the VOA's final report
Issues that may arise after receipt of the VOA's final report
Special valuation matters
Procedure in the VOA
VOA service level agreement
Introduction
| IHTM23001 | Introduction |
Who values interests in land?
| IHTM23002 | Who values interests in land |
Map of group valuation office areas
| IHTM23003 | Map of group valuation office areas |
Investigation of form IHT405
| IHTM23011 | Chart |
| IHTM23012 | What information does form IHT405 contain? |
| IHTM23013 | Page 1 of form IHT405 |
| IHTM23014 | Pages 2 and 3 of form IHT405 |
| IHTM23015 | Page 4 of form IHT405 Special factors |
| IHTM23016 | Page 4 of form IHT405 Property sale |
| IHTM23017 | Special interests or valuation matters that need to be considered before referral to the VOA |
| IHTM23018 | Exceptions where no referral to the VOA is necessary |
| IHTM23019 | What you should do if the form IHT405 is not provided with the IHT400 |
Making a reference to the VOA
| IHTM23031 | Introduction |
| IHTM23032 | The objectives of the procedures for dealing with the VOA |
| IHTM23033 | When to make a referral to the VOA |
| IHTM23034 | Which type of valuation is appropriate? |
How to make formal referrals
| IHTM23041 | Introduction to VOA 1 and VOA 2 |
| IHTM23042 | Completion of part 1 of form VOA 1 |
| IHTM23043 | Completion of part 1 of form VOA 2 |
| IHTM23044 | Completion of part 2 of forms VOA 1 and VOA 2 |
| IHTM23045 | Form VOA 3 |
| IHTM23046 | Multi-property valuations |
| IHTM23047 | Multi-event referrals |
| IHTM23048 | Making a referral to the VOA in Scotland from Nottingham or Belfast |
| IHTM23049 | Making a referral to the LPS in Northern Ireland from Edinburgh or Nottingham |
| IHTM23050 | What to do when the forms have been completed |
Making a reference to the VOA
| IHTM23060 | Informal referrals |
| IHTM23061 | Notifying the taxpayer that a referral has been made |
| IHTM23062 | Enquiries from the taxpayer whilst the report is still outstanding |
| IHTM23063 | File administration |
Communications with the VOA
Acknowledgements
| IHTM23072 | The acknowledgement slip |
| IHTM23073 | Information found on the acknowledgement slip |
| IHTM23074 | What to do with the information provided by the VOA |
| IHTM23075 | Should an enquiry be logged? |
Interim reports
| IHTM23081 | Introduction |
| IHTM23082 | Monetary parameters |
| IHTM23083 | Liaison with Litigation Section |
| IHTM23084 | Initial agricultural relief report |
| IHTM23085 | Lack of co-operation by the taxpayer |
| IHTM23086 | Property in the market for sale |
| IHTM23087 | 3 month report |
| IHTM23088 | 6 month report/case conference |
| IHTM23089 | Stalled negotiations |
| IHTM23090 | Negotiation impasse and appeal reports |
Time limits and reminding action
| IHTM23101 | Reminding for receipt of acknowledgement slip |
| IHTM23102 | Reminding for receipt of 3 month report |
| IHTM23103 | Reminding for receipt of 6 month report |
| IHTM23104 | Reference to Team Leader or TSS |
| IHTM23105 | Our Valuation Office Liaison |
Contacting the VOA
| IHTM23111 | Introduction |
| IHTM23112 | When to use e-mail |
| IHTM23113 | Accessing information on the e-mail address of the relevant person |
| IHTM23114 | Contact points |
| IHTM23115 | VOA 4 |
| IHTM23116 | Guidance on completion of VOA 4 |
| IHTM23117 | Issue of form VOA 3 and 4 by e-mail |
| IHTM23118 | GSI addresses and mailpoints |
| IHTM23119 | Sending paper information |
| IHTM23120 | Telephoning the VOA |
| IHTM23121 | Valuation Office Liaison Officer |
| IHTM23122 | Information received from taxpayer, whilst papers are with the VOA |
Other communications received from the VOA
| IHTM23131 | VOA requires further information |
| IHTM23132 | Taxpayer's figure is unacceptable |
| IHTM23133 | Property in the market for sale |
What to do on receipt of the VOA's final report
| IHTM23141 | Introduction |
| IHTM23142 | Procedure on receipt of the report |
| IHTM23143 | Types of report |
| IHTM23144 | Report endorsed 'As returned' |
| IHTM23145 | Report endorsed 'No question need be raised on this valuation' |
| IHTM23146 | Report endorsed 'The value does not exceed £....' |
| IHTM23147 | Report endorsed 'Agreed' |
| IHTM23148 | Report endorsed 'Agreed subject to confirmation' |
| IHTM23153 | Contacting the taxpayer following receipt of the VOA's report |
Issues that may arise after receipt of the VOA's final report
| IHTM23162 | Re-opening valuations |
| IHTM23163 | Penalties |
Special valuation matters
| IHTM23171 | Agricultural land occupied by a partnership |
| IHTM23172 | Agricultural relief claimed on the land |
| IHTM23173 | Benefit of building contracts |
| IHTM23174 | Business premises owned by the deceased and occupied by a partnership terminating on the relevant transfer |
| IHTM23175 | Business relief claimed on the land |
| IHTM23176 | Cesser of annuity/annuity charged on the land |
| IHTM23177 | Conditional exemption claimed on the land |
| IHTM23178 | Crop quotas other than milk or potato quotas |
| IHTM23179 | Goodwill |
| IHTM23180 | Growing crops |
| IHTM23181 | Housing associations/sheltered housing schemes |
| IHTM23182 | Improvement grants for residential properties |
| IHTM23183 | Joint property - valuation of a fractional share |
| IHTM23184 | Jointly owned land sold under a binding contract entered into after the death |
| IHTM23185 | Land sold under a binding contract entered into after the death |
| IHTM23186 | Land subject to a binding contract for sale at the date of death |
| IHTM23187 | Land subject to compulsory acquisition |
| IHTM23188 | Land subject to loans under the Land Improvement Acts |
| IHTM23189 | Lease for life |
| IHTM23190 | Lease for life reserved by the transferor or granted by transferee in fulfilment of a condition |
| IHTM23191 | Lease for life granted gratuitously |
| IHTM23192 | Occupation of settled property amounting to a lease for life |
| IHTM23193 | Leasehold Reform Act 1967 |
| IHTM23194 | Lordships of the Manor and Baronial Titles |
| IHTM23195 | Machinery and plant |
| IHTM23196 | Milk quotas |
| IHTM23197 | Minerals |
| IHTM23198 | Partnership property |
| IHTM23200 | Property acquired under right to buy legislation |
| IHTM23201 | Property claimed to be subject to right of occupation by a third party |
| IHTM23202 | Property let to a company in which the deceased was interested |
| IHTM23203 | Property subject to damage affecting its value |
| IHTM23204 | Property subject to an enforceable right of occupation by a third party |
| IHTM23205 | Purchaser's interest under a binding contract to purchase |
| IHTM23206 | Related property |
| IHTM23207 | Timeshares |
| IHTM23208 | Woodlands relief claimed on the land |
| IHTM23209 | Prior agreement cases |
Procedure in the VOA
| IHTM23221 | Outline of the valuation procedure |
| IHTM23222 | Initial appraisal |
| IHTM23223 | Inspection and valuation |
| IHTM23224 | Negotiation |
| IHTM23225 | Determination |
| IHTM23226 | Litigation |
| IHTM23227 | Case progression |
| IHTM23228 | Multi-property cases |
VOA service level agreement
| IHTM23241 | Monitoring VOA performance |
| IHTM23242 | Key VOA Time Limits/Targets |
