If the ‘appropriate person’ (
IHTM34161) acquired or exercised an
option to buy or sell ‘qualifying investments’ (
IHTM34131), question 3(e) on page 4 of
form IHT 35 should be ticked ‘Yes’. Additional
information about the changes in holding should be included with
the IHT 35.
You should check the information on the form IHT35 with Extel
and refer the IHT 35 to TG (
IHTM01081) to advise on the loss.
