I7.503 Making a claim

I7.503 Making a claim

There is no prescribed form for making a claim for conditional exemption. In practice HMRC require notification that the relevant person is claiming exemption, specification of the event to which the claim relates, clear identification of each asset or group of assets covered by the claim, a brief statement of why each asset or group of assets is considered to qualify for the exemption, and confirmation that there is no present intention to sell the asset or assets1.

This information may be included in any account delivered in respect of the occasion of IHT charge. In the

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