Data is extracted from a sample of all IHT estates and is used
by Government statisticians for a variety of purposes. Cases that
are selected as sample cases are identified with the word "Sample"
stamped on the front of the file cover. All estates identified as
Sample cases must be fully datacaptured on COMPASS whether they are
taxpaying or not.
Each chargeable component of the estate must be identified (
IHTM31011) and an entry created.
Details of the assets, liabilities, exemptions and reliefs must be
entered on COMPASS (
IHTM31136). Where there is no tax to
pay on the estate, nil assessments must still be raised, (
IHTM31181) issued (
IHTM31210) and paid (
IHTM31211) - although there is no need
to print the assessment and file a copy.
Where it is necessary, at a death file, to assess and collect
tax from an immediately chargeable lifetime transfer, a linked
lifetime reference will be required (you should register a lifetime
file using the digits from the death file reference number). If the
death estate has been selected as a Sample case, the linked file
must also be identified as a "Stats" case on Compass.
Where a Sample case includes any lifetime transfers but the
chargeable value of the transfers remains below the threshold you
must stil datacapture details of the property given away, the
exemptions or reliefs deducted and raise, issue and pay the
resulting nil assessments. Note, however, that you only need to
create one entry for each tax year concerned - use the date of the
first transfer as the date of transfer. So, where there are three
gifts in three different tax years, three entries will be required,
one for each gift; if all three gifts were in the same tax year,
only one entry will be needed. The responsibility for datacapturing
sub-threshold lifetime gifts is as follows
