A disposal of heritage property, which meets certain
conditions can qualify for exemption from IHT. This can be a very
valuable exemption and so when the circumstances surrounding
exempted property change, usually when it is sold, the IHT
originally foregone needs to be collected. Chargeable events in
respect of heritage property arise comparatively rarely. On most
occasions the application of the relevant legislation is straight
forward, but sometimes the position can be complicated.
The assessment and collection of the tax is the
responsibility of the caseworker in IHT. However, Heritage Section
must see cases in certain specified circumstances and caseworkers
are encouraged to seek advice from Heritage Section whenever they
are uncertain about any aspect of such claims for tax.
In all cases where tax is payable on a chargeable event,
the file must be referred to Heritage Section after the tax has
been paid.
In Scotland, the Compliance Group Heritage Specialist is
responsible for all liaison with Heritage Section.
