TAX – Inheritance Tax – valuation of undivided half-share in town centre retail investment property – discount for share – value determined at pounds 175,000 – Inheritance Tax Act 1984, s160 Citations: [2006] EWLands TMA – 215 – 2005 Links: Bailii Statutes: Inheritance Tax Act 1984 160 Jurisdiction: England and Wales Inheritance Tax Updated: 28 … Continue reading St Clair-Ford, Re the Estate of Norman Peter Youlden Deceased v Revenue and Customs – Capital Taxes: LT 22 Jun 2006
TAX – Inheritance Tax – valuation of 13/80th share in freehold of two blocks of flats and shops – discount for minority share – effect of restriction on sale in Trust Deed – value determined at pounds 425,000 – Inheritance Tax Act 1984, s160 Citations: [2006] EWLands TMA – 130 – 2005 Links: Bailii Statutes: … Continue reading HSBC Trust Company (UK) Ltd v Revenue and Customs -Capital Taxes: LT 24 Aug 2006
LT TAX – Inheritance Tax – valuation of dwelling house – comparables- freehold value determined at andpound;230,000 – Inheritance Tax Act 1984, s 160. [2008] EWLands TMA – 284 – 2008 Bailii Inheritance Tax Act 1984 160 England and Wales Inheritance Tax Updated: 11 November 2021; Ref: scu.278628
s.160, Inheritance Tax Act 1984 – – three terraced houses – analysis of comparable sales – valuations determined at pounds 830,000, pounds 900,000 and pounds 950,000 . .
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Judges: Lewison J Citations: [2008] EWHC 3105 (Ch), [2009] STI 188, [2009] STC 510, [2009] WTLR 619 Links: Bailii Statutes: Inheritance Tax Act 1984 160 Jurisdiction: England and Wales Inheritance Tax Updated: 18 June 2022; Ref: scu.341730
Inheritance Tax – valuation under s160 Inheritance Tax Act 1984 – maisonette – whether hope value for extension to be taken into account – analysis of comparables – value of appellant’s undivided share determined at pounds 1,603,930 – appeal allowed in part Citations: [2018] UKUT 71 (LC) Links: Bailii Statutes: Inheritance Tax Act 1984 160 … Continue reading Palliser v Revenue and Customs Re Wedderburn Road: UTLC 16 Mar 2018
Tax – Inheritance Tax – valuation under s.160 Inheritance Tax Act 1984 – terraced house – analysis of comparable sales – valuation determined at pounds 260,000 Citations: [2018] UKUT 113 (LC) Links: Bailii, Bailii Statutes: Inheritance Tax Act 1984 160 Jurisdiction: England and Wales Inheritance Tax Updated: 20 May 2022; Ref: scu.608669
FTTTx Inheritance tax – discounted gift trust – valuation of retained interest to income stream – s160 IHTA 1984 – burden of proof – adequacy of comparables – appeal dismissed Malachy Cornwell-Kelly J [2011] UKFTT 745 (TC) Bailii Inheritance Tax Act 1984 160 England and Wales Citing: Cited – Salvesen’s Trustees v Inland Revenue Commissioners … Continue reading Watkins and Another v Revenue and Customs: FTTTx 17 Nov 2011
INHERITANCE TAX – house – comparables – allowance for lack of modern bathroom and kitchen, driveway and dispute with neighbour – market value of half-share in freehold interest determined at pounds 133,875 – Inheritance Tax Act 1984, s160 Citations: [2005] EWLands DET – 42 – 2005 Links: Bailii Jurisdiction: England and Wales Inheritance Tax Updated: … Continue reading Barrett v Commissioners for Her Majesty’s Revenue and Customs: LT 24 Nov 2005
Mutual Knowledge admissible to construe contract The parties had entered into a development contract in respect of a site in Wandsworth, under which balancing compensation was to be paid. They disagreed as to its calculation. Persimmon sought rectification to reflect the negotiations. Held: The appeal succeeded. There were difficulties in construing the contract. The contract … Continue reading Chartbrook Ltd v Persimmon Homes Ltd and Others: HL 1 Jul 2009
Share Valuations for IHT SCIT Inheritance Tax; share valuation; convertible unsecured loan stock; family companies; whether option to take shares valid or in doubt; whether options prescribed; effect on valuation of conversion rights; valuation assumptions; percentage deduction for minority and majority shareholdings; Inheritance Tax Act 1984 sections 4, 160, and 168(1); Prescription and Limitation (Scotland) … Continue reading McArthur, Executors of v Revenue and Customs: SCIT 9 Jul 2008
The court considered the valuation of shares in a notional purchase. The company’s articles of association contained a provision that the company might at any time, by extraordinary resolution, resolve that any shareholder, other than a director or a person holding more than 10 per cent of the shares of the company do transfer his … Continue reading Salvesen’s Trustees v Inland Revenue Commissioners: SCS 1930
Our law-index is a substantial selection from our database. Cases here are restricted in number by date and lack the additional facilities formerly available within lawindexpro. Please do enjoy this free version of the lawindex. Case law does not ‘belong’ to lawyers. Judgments are made up of words which can be read and understood (if … Continue reading law index
