ÒÁÈËÖ±²¥

When you should complete this form 

You should fill in schedule D36 to tell HMRC about any land, buildings, trees, or underwood included in the chargeable event you’re telling us about in the IHT100 series form.Ìý

Who the Valuation Office Agency should contact 

You should fill in the details of the person you would like us to contact.Ìý 

We usually ask the District Valuer Services to help us value land and buildings. They will contact the person listed in section one directly to make arrangements to inspect the property and discuss the value.Ìý

What details you need to give for each property 

You must number each item of property so they can be identified on the form. You may need to use multiple forms to tell us about a large number of properties. If you have a professional valuation, you should attach a copy.Ìý

You should give the following information for each property.Ìý

A full description of the property 

You must give the full address and description of the property, including the postcode. If the property is not numbered or does not have an address, you should attach a plan showing the boundaries of the property clearly.Ìý 

If the property is jointly owned, include the transferor’s share under the description.Ìý 

The tenure  

You must tell us if the property was owned outright or leased.Ìý 

Details of the lease 

You should write ‘vacant’ in column D if the property was unoccupied at the date of the event.Ìý  

If the property was let, you must provide a copy of the lease, sub-lease, or business or agricultural tenancy agreement.Ìý 

If the lease does not say, or there is no written agreement, you must tell us:Ìý

• the date the lease or tenancy began 

• how long the property was let for 

• how much the rent is 

• the provisions for rent reviews 

• who is responsible for outgoings on the property 

• the name of the tenant 

If you’re deducting relief 

You must give the value of the property which qualifies for relief if you’re claiming any of the following:Ìý

• Agricultural Relief 

• woodlands relief 

• heritage exemption 

If the property has previously benefited from heritage exemption or approved maintenance fund and you’re deducting it again, you must tell us details of the previous event.Ìý 

You should include the following details in the ‘additional information’ box on form IHT100f:Ìý

• the name of the person who died earlier or who made the earlier gift 

• the date of death or the date of the earlier gift  

• any Inheritance Tax reference relating to the previous event 

The total carried forward under column E should be entered on the relevant boxes for property and relief on the IHT100 series form.Ìý 

The open market value at the date of the event 

You must use the price that property may be sold for on the open market.Ìý 

If the property was jointly owned, give the value of the share included in the event. You must show how you’ve worked this out.Ìý 

The total carried forward under column F should be entered on the relevant boxes for property and relief on the IHT100 series form.Ìý 

If the property was subject to any damage 

Major damage can affect a property’s value.Ìý 

You should tell us:Ìý

• details of the damage 

• if some or all of the damage is covered by an insurance policy or other right of action 

• if you intend to make a claim — attach copies of the structural survey and correspondence with the insurers or loss adjusters 

Do not include damage to internal or external decorations.Ìý 

If the property has been sold or will be sold within 12 months 

If the property is sold within a reasonable time after the event, the sale price can be a good indication of the value at the date of the event. You should use column N to tell us if you want to use the sale price as the value.Ìý 

You must tell us if the property:Ìý

• has already been sold — include the date when contracts were exchanged (or in Scotland, when missives have been concluded) 

• is on the market for sale 

• is to be sold later on 

We also need to know:Ìý

• the asking price or sale price — do not deduct the costs of selling the property 

• if the sale was to a stranger or to a relative, friend or business colleague 

• if the sale price includes fixtures and fittings, for example carpets and curtains — tell us how much of the price was for these items 

Sales or other disposals of trees or underwood 

You should tell us the date of the sale and the gross sale price (before the deduction of any expenses).Ìý 

You must tell us the open market value if either:Ìý

• it’s different to the sale price 

• the disposal was for ‘no consideration’ — this means the person receiving the property paid no cash or compensation, such as for a gift 

You must explain the position if the sale or disposal was for less than ‘full consideration’.

What happens next

You should use the figures in this schedule to help you fill in the IHT100 series form.

You must send this form alongside the completed IHT100 series form. Make sure you include copies of any documents we’ve asked for.

Get help 

You should contact the Inheritance Tax helpline if you need help completing this form.