Jurisdiction(s):
United Kingdom

Form IHT35: Practical guide for personal representatives claiming UK IHT loss on sale relief for qualifying investments sold within 12 months of death—eligibility, calculations, evidence, deadlines and submission

Published by a LexisNexis Private Client expert

Practice notes

This Practice Note provides step-by-step guidance for personal representatives (PRs) on completing Form IHT35 when claiming relief on estate shares or securities sold at a loss against their value at the date of death, where that value was included in the IHT400 and inheritance tax has been paid.

It should be read alongside:

Claim for relief loss on sale of Shares
Listed stocks and shares IHT411

The Note assumes an understanding of the background and the mechanics of submitting an IHT400 account, together with the ability of PRs to claim loss relief on a sale of shares.

It is intended to assist with preparing the following document:

Claim for relief loss on sale of Shares

This form is also available through Lexis®Smart (subscription sensitive): Claim for relief loss on sale of Shares.

The basic conditions for claiming relief under section 179 of the Inheritance Tax Act 1984 are:

Preparing to complete Form IHT35

Who should complete Form IHT35?

Where qualifying investments (mainly quoted shares and securities) are disposed of...

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Web page updated on 22/05/2026

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