IHTM33142 - Loss on sale of land: non-qualifying sales: exceptions to the rule for adjusting the price

There is no provision under IHTA84/S196 for taking into account a non-qualifying sale

• where the sale price (IHTM33072) is less than the value on death (IHTM33100), (where a loss is made) or
• where the sale takes place in the fourth year after death (IHTM33074) for more than the date of death value.