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Contents

Official guidance
Inheritance Tax Manual

IHTM21000 · Household and personal goods

  • IHTM21001 · Introduction
  • IHTM21011 · Household goods and personal goods: investigating form IHT407: introduction to form IHT407
  • IHTM21012 · Household goods and personal goods: investigating form IHT407: investigation issues
  • IHTM21013 · Household goods and personal goods: investigating form IHT407: other forms to be considered
  • IHTM21022 · Household goods and personal goods: types of asset: aircraft, boats, ships and mobile homes
  • IHTM21023 · Household goods and personal goods: types of asset: stamp or coin collections; medals, decorations and awards
  • IHTM21026 · Household goods and personal goods: types of asset: chattels of national interest
  • IHTM21028 · Household goods and personal goods: types of asset: paintings
  • IHTM21041 · Household goods and personal goods: valuation and technical issues: how we value household goods
  • IHTM21043 · Household goods and personal goods: valuation and technical issues: joint property
  • IHTM21044 · Household goods and personal goods: valuation and technical issues: lifetime transfers
  • IHTM21045 · Household goods and personal goods: valuation and technical issues: gifts with reservation
  • IHTM21046 · Household goods and personal goods: valuation and technical issues: settled property
  • IHTM21047 · Household goods and personal goods: valuation and technical issues: situs of works of art owned overseas
  • IHTM21048 · Household goods and personal goods: valuation and technical issues: conditional exemption
  • IHTM21027 · Household goods and personal goods: types of asset: auction sales
  1. Household and personal goods: contents
  2. Household goods and personal goods: types of asset: stamp or coin collections; medals, decorations and awards

IHTM21023 | Household goods and personal goods: types of asset: stamp or coin collections; medals, decorations and awards

From HM Revenue & Customs · Inheritance Tax Manual

If you need advice on the value offered for any individual item or collection you should refer the matter to Shares and Assets Valuation (SAV).

Medals, decorations and awards are excluded from the charge to Inheritance Tax, under IHTA84/S6 (1B). There are further instructions at IHTM04263 about the types of award that qualify for the exemption.

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