IHTM27052 - Valuation: claims for compensation


Claims for compensation against foreign governments are valued by SAV (F).. This applies to both sterling claims against the Foreign Compensation Commission, under agreements to which the Foreign Compensation Act 1950 applies and non-sterling claims not within the scope of such an agreement. These claims must be referred to SAV (F) via a memo, with relevant correspondence attached, before you make any enquiries about the claim.

Where a payment is made to the beneficiary(ies) of a holocaust victim, the sum is exempt from tax/duty on the death of the original accountholder. ( IHTM10262)

(This text has been withheld because of exemptions in the Freedom of Information Act 2000)

A concession has been granted to exclude from IHT compensation paid to Britons interned by Japanese or Axis forces during World War II. ( IHTM04421)