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Contents

Official guidance
Inheritance Tax Manual

IHTM31000 · Assessing

  • IHTM31001 · Introduction: introduction to calculations
  • IHTM31002 · Calculations: extraction of data for statistical purposes
  • IHTM31011 · Calculation principles: entries
  • IHTM31012 · Calculation principles: assessment groups
  • IHTM31013 · Calculation principles: apportioning the tax charge
  • IHTM31014 · Calculation principles: types of calculation
  • IHTM31015 · Calculation principles: the tax calculation (death cases)
  • IHTM31016 · Calculation principles: the tax calculation (settlement cases)
  • IHTM31017 · Calculation principles: interest
  • IHTM31018 · Calculation principles: when to raise calculations
  • IHTM31019 · Calculation principles: withdrawing calculations
  • IHTM31020 · Calculation principles: examples of when calculations should not be withdrawn
  • IHTM31022 · Calculation principles: reminding for payment of calculations
  • IHTM31030 · Examples of calculations: calculation on death where lifetime transfers are less than the nil-rate band
  • IHTM31031 · Examples of calculations: calculation on death where lifetime transfers are more than the nil-rate band
  • IHTM31032 · Examples of calculations: calculation where there is transferable nil rate band
  • IHTM31033 · Examples of calculations: calculation where there is quick succession relief (QSR)
  • IHTM31034 · Examples of calculations: calculation with reduced rate where part of the estate passes to charity
  • IHTM31035 · Examples of calculations: calculation where there is residence nil rate band
  • IHTM31101 · COMPASS: introduction
  • IHTM31102 · COMPASS: setting-up a record
  • IHTM31103 · COMPASS: datacapture of lifetime gifts
  • IHTM31111 · COMPASS: viewing your records: the main window
  • IHTM31112 · COMPASS: viewing your records: case index
  • IHTM31113 · COMPASS: viewing your records: Case Summary
  • IHTM31114 · COMPASS: viewing your records: file menu
  • IHTM31115 · COMPASS: viewing your records: amend menu
  • IHTM31116 · COMPASS: viewing your records: assessment menu
  • IHTM31117 · COMPASS: viewing your records: options menu
  • IHTM31118 · COMPASS: viewing your records: window and help menu
  • IHTM31131 · COMPASS: making amendments: selecting the material to amend
  • IHTM31132 · COMPASS: making amendments: Non Instalment Option (NIOP) assets and liabilities
  • IHTM31133 · COMPASS: making amendments: new instalment option property (IOP) records
  • IHTM31134 · COMPASS: making amendments: instalment option property (IOP) assets and liabilities
  • IHTM31135 · COMPASS: making amendments: reliefs and exemptions
  • IHTM31136 · COMPASS: making amendments: new Entries
  • IHTM31137 · COMPASS: making amendments: deleting an entry or assessment group
  • IHTM31150 · COMPASS: making amendments: dealing with deficits
  • IHTM31171 · COMPASS: calculations: preparation
  • IHTM31181 · COMPASS: calculations: initiation
  • IHTM31182 · COMPASS: calculations: the 'Calculation of Inheritance Tax' window
  • IHTM31183 · COMPASS: calculations: NIOP calculation
  • IHTM31184 · COMPASS: calculations: IOP calculation
  • IHTM31185 · COMPASS: calculations: IOP(WIR) calculation
  • IHTM31186 · COMPASS: calculations: amendments box
  • IHTM31187 · COMPASS: calculations: the effective date
  • IHTM31188 · COMPASS: calculations: tax previously paid
  • IHTM31189 · COMPASS: calculations: reliefs against tax
  • IHTM31190 · COMPASS: calculations: money (including deposits)
  • IHTM31191 · COMPASS: calculations: notes
  • IHTM31192 · COMPASS: calculations: adjustments to interest
  • IHTM31193 · COMPASS: calculations: 'OK' or 'Cancel'
  • IHTM31194 · COMPASS: calculations: calculations out of sequence
  • IHTM31195 · COMPASS: calculations: adjustments to COMPASS calculations
  • IHTM31210 · COMPASS: calculations: issuing calculations
  • IHTM31211 · COMPASS: calculations: marking calculations as paid
  • IHTM31212 · COMPASS: calculations: unpaying calculations
  • IHTM31213 · COMPASS: calculations: withdrawing calculations
  • IHTM31231 · COMPASS: chargeable lifetime transfers: introduction
  • IHTM31232 · COMPASS: chargeable lifetime transfers: failed PETs
  • IHTM31233 · COMPASS: chargeable lifetime transfers: additional charges
  • IHTM31234 · COMPASS: chargeable lifetime transfers: immediately chargeable transfers
  • IHTM31235 · COMPASS: chargeable lifetime transfers: creating a record for an immediately chargeable transfer
  • IHTM31241 · COMPASS: settlement cases: creating a record
  • IHTM31242 · COMPASS: settlement cases: case structure
  • IHTM31243 · COMPASS: settlement cases: entering values
  • IHTM31244 · COMPASS: settlement cases: adding an Entry
  • IHTM31245 · COMPASS: settlement cases: raising a calculation
  • IHTM31260 · COMPASS: other features: file notes
  • IHTM31270 · COMPASS: other features: closing the record (case status)
  • IHTM31271 · COMPASS: other features: archived records
  • IHTM31280 · COMPASS: other features: keyboard conventions
  • IHTM31401 · Calculations: summary
  • IHTM31402 · Calculations: calculation layout
  • IHTM31412 · Calculations: death estate: working out the aggregate chargeable transfer
  • IHTM31413 · Calculations: death estate: PLCT
  • IHTM31416 · Calculations: death estate: revision to the original tax charge
  • IHTM31417 · Calculations: death estate: reliefs against tax
  • IHTM31418 · Calculations: death estate: IOP cases
  • IHTM31419 · Calculations: death estate: tax previously paid
  • IHTM31420 · Calculations: death estate: interest
  • IHTM31440 · Calculations: lifetime events: chargeable PETs and additional charges
  • IHTM31450 · Calculations: lifetime events: immediately chargeable transfers
  • IHTM31460 · Calculations: lifetime events: settlement charges
  • IHTM31491 · Calculations: recapture charges: when the charges arise
  • IHTM31492 · Calculations: recapture charges: calculating the tax on disposal of woodlands
  • IHTM31493 · Calculations: recapture charges: calculating tax on cessation of conditional exemption
  • IHTM31494 · Calculations: recapture charges: next action
  • IHTM31500 · Calculations: deficits: deficit of an assessment group
  • IHTM31511 · Calculating interest: the interest calculator
  • IHTM31512 · Calculating interest: simple cases
  • IHTM31513 · Calculating interest: money on deposit
  • IHTM31514 · Calculating interest: transfer of deposit between files
  • IHTM31515 · Calculating interest: IT and CGT repayments
  • IHTM31516 · Calculating interest: repayment supplement on Income Tax and Capital Gains Tax (CGT) repayments
  • IHTM31517 · Calculating interest: IOP cases
  • IHTM31518 · Calculating interest: increase in total tax in IOP cases
  • IHTM31519 · Calculating interest: decrease in total tax in IOP cases
  • IHTM31531 · Calculating interest: general interest charge on IOP (WIR) cases
  • IHTM31532 · Calculating interest: increase in total IOP(WIR) tax
  • IHTM31533 · Calculating interest: decrease in total IOP (WIR) tax
  • IHTM31534 · Calculating interest: sales on IOP (WIR) cases
  • IHTM31540 · Calculating interest: additional interest
  • IHTM31550 · Calculating interest: manual adjustments to COMPASS interest calculations
  • IHTM31560 · Calculating interest: deposits
  • IHTM31570 · Calculating interest: remissions and discharges
  • IHTM31601 · Repayments: introduction
  • IHTM31602 · Repayments: overview of preparing a repayment
  • IHTM31603 · Repayments: authority to repay
  • IHTM31604 · Repayments: preparation of repayments
  • IHTM31611 · Repayments: summary
  • IHTM31612 · Repayments: simple cases
  • IHTM31613 · Repayments: complicated cases
  • IHTM31614 · Repayments: adjusting for additional interest charges
  • IHTM31615 · Repayments: IOP without interest relief
  • IHTM31616 · Repayments: IOP (WIR)
  • IHTM31641 · Repayments: Sect 6
  • IHTM31645 · Repayments: payee(s) and address for communications on Sect 6
  • IHTM31646 · Repayments: interest supplement details
  • IHTM31647 · Repayments: reviewing officer's check
  • IHTM31648 · Repayments: RSO's check
  • IHTM31660 · Repayments: Sect 83
  • IHTM31661 · Repayments: informing the taxpayer
  • IHTM31662 · Repayments: authorised payee
  • IHTM31663 · Repayments: repayments over £150,000
  • IHTM31665 · Repayments: interest supplement
  • IHTM31666 · Repayments: satisfaction of assessment by deposit and repayment of the balance
  • IHTM31667 · Repayments: IHT Direct Payment Scheme cases
  • IHTM31681 · Offset repayments: introduction
  • IHTM31682 · Offset repayments: setting off money at the same entry
  • IHTM31683 · Offset repayments: setting off money at a different entry
  • IHTM31685 · Offset repayments: sending calculations to the taxpayer
  • IHTM31686 · Offset repayments: non-payment of calculation
  • IHTM31700 · Checking repayments: additional action if the repayment is referred to you to authorise
  • IHTM31720 · Other repayment issues: provisional repayments
  • IHTM31722 · Other repayment issues: erroneous or excessive repayments
  • IHTM31751 · Deposits: introduction
  • IHTM31752 · Deposits: using the deposit
  • IHTM31753 · Deposits: more than one calculation
  • IHTM31754 · Deposits: retention of deposits
  • IHTM31755 · Deposits: offer to place money on deposit by the taxpayer
  • IHTM31756 · Deposits: money attributed to the wrong file
  • IHTM31757 · Deposits: problems with deposits
  • IHTM31771 · CTDs: introduction
  • IHTM31772 · CTDs: receiving the CTD
  • IHTM31773 · CTDs: applying the CTD
  • IHTM31774 · CTDs: assessing NIOP cases
  • IHTM31775 · CTDs: Estate Duty
  • IHTM31776 · CTDs: cancelled calculations
  • IHTM31777 · CTDs: if the taxpayer has lost the CTD
  • IHTM31851 · SAGE: introduction
  • IHTM31852 · SAGE: forms
  • IHTM31861 · SAGE: recording calculation details
  • IHTM31862 · SAGE: inputting COMPASS information
  • IHTM31863 · SAGE: inputting template or manuscript information
  • IHTM31864 · SAGE: the adjustments box
  • IHTM31866 · Assessing SAGE: matching payments received
  • IHTM31867 · SAGE: pre-grant payments and calculations
  • IHTM31868 · SAGE: deposits
  • IHTM31869 · SAGE: Payments received before SAGE
  • IHTM31870 · SAGE: unpaying calculations
  • IHTM31871 · SAGE: repayments
  • IHTM31872 · SAGE: requests for receipts
  • IHTM31891 · SAGE: what is a transaction report?
  • IHTM31892 · SAGE: SAGE record in COMPASS
  • IHTM31893 · SAGE: the full transaction printout
  • IHTM31894 · SAGE: closing cases
  • IHTM31895 · SAGE: balancing the record
  • IHTM31901 · Dealing with cheques: dishonoured cheques
  • IHTM31902 · Dealing with cheques: invalid cheques
  • IHTM31905 · Dealing with cheques: if you receive a cheque directly
  • IHTM31911 · Liaison with Accounts: contact
  • IHTM31912 · Liaison with Accounts: Accounts, Nottingham
  • IHTM31921 · Transferring money: transferring money between files
  • IHTM31922 · Transferring money: transferring money to other HMRC offices
  • IHTM31930 · Transferring money: remissions
  • IHTM31023 · Calculation principles: telling us about amendments
  • IHTM31301 · Manual calculation template: introduction
  • IHTM31302 · Manual calculation template: the forms
  • IHTM31303 · Manual calculation template: calculation details
  • IHTM31304 · Manual calculation template: calculating rates
  • IHTM31305 · Manual calculation template: printing
  • IHTM31306 · Manual calculation template: updating the accounting record
  • IHTM31711 · Cancelling a payable order: reasons to cancel a payable order
  • IHTM31712 · Cancelling a payable order: cancellation and re-issue of a payable order
  • IHTM31713 · Cancelling a payable order: cancellation with no re-issue
  1. Assessing: contents
  2. Assessing: COMPASS: calculations: amendments box

IHTM31186 | Assessing: COMPASS: calculations: amendments box

From HM Revenue & Customs · Inheritance Tax Manual

A box at the left hand side of the window on NIOP calculations shows the amendments that are being assessed on this occasion. It will include all amendments to the NIOP since the last calculation was raised and paid, and amendments at the other assessment groups in the Entry. It will show whether the amendments are increases, decreases or new.

Where more than one amendment has been made to the same asset type, the net adjustment for that type is shown. Where the net adjustment is nil (for example an increase of £1,000 and decrease of £1,000 have been entered for the same asset type) the adjustment is not shown and you may have to make a separate note of this in the notes box (IHTM31191).

The box is not wide enough to show all the text. To see the whole width of the box, double click one of the lines of text in the box. The box will widen and show all the text. To change the box back, double click again.

Where the list is too long for the window, use the scroll bars at the right to move up and down the screen. Where there are too many amendments to fit on the printed calculation, COMPASS will generate a continuation sheet for the amendments.

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