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Legislation
Inheritance Tax Act 1984

CHAPTER III SALE OF SHARES ETC. FROM DECEASED’S ESTATE

  • Section 178 Preliminary.
  • Section 179 The relief.
  • Section 180 Effect of purchases.
  • Section 181 Capital receipts.
  • Section 182 Payment of calls.
  • Section 183 Changes in holdings.
  • Section 184 Exchanges.
  • Section 185 Acquisition of like investments.
  • Section 186 Value of part of a fund.
  • Section 186A Cancelled investments.
  • Section 186B Suspended investments.
  • Section 187 Attribution of values to specific investments.
  • Section 188 Limitation of loss on sale.
  • Section 189 Date of sale or purchase.
  1. Chapter III · SALE OF SHARES ETC. FROM DECEASED’S ESTATE
  2. Payment of calls.

Section 182 | Payment of calls.

From legislation.gov.uk

For the purposes of section 179(1)(a) above, if—

(a)at any time after the death in question (whether during or after the period of twelve months immediately following the date of the death) the appropriate person pays an amount in pursuance of a call in respect of any qualifying investments comprised in the deceased’s estate immediately before his death, and

(b)those investments are sold by the appropriate person within that period,

the value on death of those investments shall be the aggregate of the amount so paid and their value as determined apart from this Chapter.

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