IHTM - Recent changes to this manual

Below are details of the amendments that were published on 10 April 2006 (see the update index for all updates).

SectionTitle and details of update
IHTM10523Pre-2003 IHT 100 Part 5A
IHTM18131 to IHTM18301The entire 'unquoted shares' guidance in Section 18 has been updated (several pages moved or deleted) to reflect:

- computerised Val70 procedures

- condensed Val70 (settlements) guidance

- use of Compass and email for updates

- agreed teamworking with SV

- cessation of Val71 procedure
IHTM30181Payment Methods: payment by cheque
IHTM30183Payment by National Savings
IHTM30505Remission process - updated to reflect re-routing of the Enf 12
IHTM30507Remission process - updated to reflect re-routing of the Enf 12
IHTM30508Remission process - updated to reflect re-routing of the Enf 12
IHTM30551Remission process - updated to reflect re-routing of the Enf 12
IHTM35060Instruments of Variation, revised requirements following the introduction of Stamp Duty Land Tax
IHTM35100Instruments of Variation, compromising claims under IPFDA 1975, additional guidance
IHTM36023Penalties for late delivery of inheritance tax accounts
IHTM38493Updated authorisation limits for remissions in Debt Management Group
IHTM42000Section 42: Discretionary Trusts is a new section added to the IHT Manual. This section includes guidance on how relevant property is charged for IHT, information about how to identify discretionary powers in a trust plus other operational information relevant to discretionary trusts and special trusts
IHTM42900Within section 42, but forming its own subsidiary area is the new Employee Benefit Trusts guidance. This section includes technical and operational guidance on identifying EBTs and how they are brought into the IHT charging regimes
AnnexGuidance notes on public access. Addresses changed