½Û×ÓÊÓƵ

If the Board is (or, before 25 July 1985, the Treasury was) satisfied that an undertaking given under the exemption provisions¹ in respect of deaths before 7 April 1976 has in any material respect not been observed, CTT becomes chargeable with respect to the property in question.

Where the property involved is a building, land adjoining a building and essential for the preservation of its character etc, or an object historically associated with a building, CTT is also chargeable in respect of the associated property².

So, for example, where an undertaking is breached in respect of a building, CTT is chargeable with respect to the building and any adjoining land or historically associated objects. Where the CTT became chargeable before 1 January 1985, it was charged under either FA 1975, s 32 (in respect of objects such as books, paintings etc falling under paragraph (e) in I7.521) or FA 1975, s 34 (in respect of land, buildings etc).

Where the CTT becomes chargeable after 31 December 1984, it is charged under IHTA 1984, Sch