IHTM34001 - Loss on sale of shares: summary

This section of the manual tells you about the relief that is available if shares are sold for less than their date of death value. It also tells you what steps you should take when considering a claim for relief.

The section is aimed at three levels. It provides

• for those who are unfamiliar with the relief, an introduction to the relief and a summary of the main qualifying conditions
• for those who are more familiar with the relief but who need to know how to consider a claim for relief, a guide to the procedures that must be followed, and
• for those who wish to consider particular aspects of the relief in more detail, a more detailed background to how the legislation works.

There are links between the three levels.