IHTM23206 - Special valuation matters: related
property
Where the related property (
IHTM09731) provisions under IHTA84/S161
) apply to an interest in property which needs to be valued, when
completing VOA 1 (
IHTM23042) or VOA 2 (
IHTM23043) you must indicate clearly in
the appropriate part of the joint property box
- that the related property provisions
apply,
and
- the share to be valued (for example if the
property is owned jointly by the deceased and their spouse or civil
partner (
IHTM11032) you should indicate that the
share to be valued is the entirety)
