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 Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

How to submit IHT400

Incredulum
Posts:2795
Joined:Thu Dec 03, 2009 5:35 pm
How to submit IHT400

Postby Incredulum » Sun Mar 29, 2020 8:16 am

HMRC is not very helpful here in the IHT 400 notes. https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/864520/Guide_to_completing_your_Inheritance_Tax_account__IHT400_notes__-_English.pdf

"WHERE TO SEND THE FORMS

When you’ve applied for a grant, or if you need to send the forms to
us before you can apply for the grant, you should send the papers to
Inheritance Tax , HM Revenue and Customs, BX9 1HT."

I think that means that if you send in the IHT 400 either before, or after, the probate application then send them directy to HMRC; but if you are submitting the IHT400 at the same time as the probate forms then send it in with the probate forms to Harlow.

But I'd be very appreciative of confirmation from somebody who knows the answer!

Thank you ever so.

Incredulum
Posts:2795
Joined:Thu Dec 03, 2009 5:35 pm

Re: How to submit IHT400

Postby Incredulum » Sun Mar 29, 2020 8:24 am

Here's the probate service adding mud suggesting the IHT 400 must be submitted before applying for probate:

"BEFORE YOU APPLY

You must estimate and report the estate’s value before you apply for probate."

https://www.gov.uk/applying-for-probate/apply-for-probate

Incredulum
Posts:2795
Joined:Thu Dec 03, 2009 5:35 pm

Re: How to submit IHT400

Postby Incredulum » Sun Mar 29, 2020 8:35 am

And here (admittedly in a guide written by Which?, but published by H M Government, we're told to send the IHT forms in with the probate application.

https://www.thegazette.co.uk/assets/downloads/the-gazette-summary-probate-checklist.pdf

"Once you've valued the estate and worked out whether inheritance tax is payable, you'll need to fill in a number of forms to send to the Probate Registry.

The probate application (PA1) form can be downloaded from the HM Courts and Tribunals website and is used to collect details about the deceased person and their estate. You should use this to provide a record of all of the assets included in the estate and their value. In Scotland, you should complete forms C1 and C5 and send them to the Sheriff Court.

You'll also need to complete the relevant inheritance tax forms. If the value of the estate is below the threshold (currently £325,000) and no inheritance tax is due, you should complete an IHT 205 form. If inheritance tax is due, you'll need to complete the longer IHT 400 form.

If you're claiming additional IHT allowance from the deceased spouse or civil partner of the person whose estate you're handling, you'll need to fill in form IHT 217 for estates falling below the IHT threshold or form IHT 402 for those above it.

Send your application and swear an oath
When you've completed the relevant forms, you should send them to the Probate Registry, together with the original will, death certificate and a cheque or postal order for your probate fee."

AGoodman
Posts:1738
Joined:Fri May 16, 2014 3:47 pm

Re: How to submit IHT400

Postby AGoodman » Sun Mar 29, 2020 2:27 pm

IHT400 always goes to HMRC first

Incredulum
Posts:2795
Joined:Thu Dec 03, 2009 5:35 pm

Re: How to submit IHT400

Postby Incredulum » Sun Mar 29, 2020 2:51 pm

Thank you.


Return to “Inheritance Tax, IHT, Trusts & Estates, Capital Taxes”