»Ê¹ÚÌåÓýapp

»Ê¹ÚÌåÓýappre are special rules for valuing property (IHTM04030) that is included in an estate (IHTM04029) if there is other property that is ‘relatedâ€� to it, IHTA84/S161. »Ê¹ÚÌåÓýapp rules apply where, if by valuing the property together, you get a higher value than by the normal method of valuation.

Broadly speaking, related property (IHTM09733) is property that is in

• in the estate of a spouse/civil partner (IHTM11032), or
• belonging to a charity or one of the political, national or public bodies to which exempt transfers may be made.

»Ê¹ÚÌåÓýapp rules apply to both lifetime transfers and transfers on death.

If property in the death estate is valued by the related property rule and is then sold for a lower amount (IHTM09751) within 3 years of death, the taxpayer may be able to claim relief, IHTA84/S176.