Where the VOA's figure for the property leaves the value for
rate below the minimum taxable limit, the opinion may be in the
form as stated in the first column.
If this figure differs from that of the taxpayer, the VOA ( IHTM23002) also amends the IHT405 ( IHTM23012); and
writes the word ‘Max’ (maximum) in red ink if it is being returned.
You must not communicate this figure to taxpayer since where using this formula, the VOA
If you need to contact the taxpayer in the interim about the position, write in accordance with the general terms outlined in IHTM23060