This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our privacy notice.

Related property: How it affects IHT

Shared from Tax Insider: Related property: How it affects IHT
By Meg Saksida, December 2023

Meg Saksida looks at the special inheritance tax valuation rules for ‘related property’ and its potential effects on married couples (and civil partners). 

The ‘related property’ rules are inheritance tax (IHT) anti-avoidance provisions that set out to stop taxpayers taking advantage of Aristotle’s old adage, “The whole is worth more than the sum of the parts”.  

Aristotle was, of course, correct. It is true that the synergy of a ‘set’ or a ‘group of like assets’ often means a collection is worth more than the stand-alone value of the assets added together. For example:  

  • A complete set of an antique dining table and ten chairs is worth more than the individual stand-alone pieces combined.  

  • A case of wine is often worth more than the value together of six individual bottles.  


This is one of our 2523 Premium articles

To see this article in full and unlock access to our complete library of 2523 articles click 'subscribe & unlock' below:

Subscriptions include a 14 day free trial
+ money back satisfaction guarantee