Commentary

I1.553 Works of art etc

IHT, trusts and estates

I1.553 Works of art etc

Other topics

I1.553 Works of art etc

Where there is an occasion of IHT charge on works of art, manuscripts, collections and other chattels of pre-eminent national, scientific, historic, or artistic interest, or on land of scenic, historic or scientific interest, or on buildings of historic or architectural interest (and land or chattels associated with such buildings), it is possible to apply for conditional exemption1 (see I7.502). HMRC have a discretion whether to accept the property in question as deserving of this, and undertakings have to be given as to retention in the UK, preservation, and public access2 (see

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