IHTM24022 - Unlisted shares: Rate of relief

IHTA84/S122 (3) gives relief at 100% under IHTA84/S116 (2)(a) where

• the company’s interest in the agricultural property ( IHTM24030) carries the right to vacant possession ( IHTM24140) (or the right to obtain it within 12 or 24 months), or
• if the transitional provisions apply

and at 50%, in other situations.