IHTM31243 - Assessing: COMPASS: settlement cases: entering values

Historic value

If the charge you are assessing is a proportionate charge occurring before the first Ten Year Anniversary (TYA), you must put a value into Entry B to establish the rate at which to tax the proportionate charge.

If the first charge you are assessing is the first TYA, you do not need to put a value into Entry B.

Enter and amend the values as you would in death cases (IHTM31131). Use the 鈥極ther personal property鈥� asset type.

Details of the charges

For each charge that you want to assess,

  • create an Entry (IHTM31242) and any extra assessment groups
  • enter and amend the details of assets, liabilities and reliefs, as you would for a death estate.