IHTM34091 - FACET procedures: why are forms IHT 35 sent to FACET?

Caseworkers will refer an IHT 35 to you to check

• the sale price of the shares against the Extel Business Done range
• the purchase price of shares included in part 2 of the form IHT 35, and
• that any changes in holdings have been correctly taken into account.

In most cases these checks will take place as the result of a mandatory referral ( IHTM34051). But caseworkers may also refer the IHT 35 to you on a non-mandatory ( IHTM34052) basis for you to undertake either a specific check on particular aspects of the claim or full check.

You may also get form IHT 35s referred to confirm that shares were suspended ( IHTM34097) at the date of death or cancelled ( IHTM34097) at any time during the 12 months following the date of death.