IHTM31243 - Settlement cases: entering values

Historic value

If the charge you are assessing is a proportionate charge occurring before the first Ten Year Anniversary (TYA), you must put a value into Entry B to establish the rate at which to tax the proportionate charge.

If the first charge you are assessing is the first TYA, you do not need to put a value into Entry B.

Enter and amend the values as you would in death cases ( IHTM31131). Use the “Other personal property” asset type.

Details of the charges

For each charge that you want to assess,

• create an Entry ( IHTM31242) and any extra assessment groups
• enter and amend the details of assets, liabilities and reliefs

as you would for a death estate.