Fillable Form IHT400: Inheritance Tax account (HMRC)

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Form IHT400: Inheritance Tax account (HMRC)

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The Form IHT400: Inheritance Tax account (HMRC) form is 22 pages long and contains:

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IHT400 Page 1 HMRC 05/20
When to use this form
Fill in this form if the deceased died on or after 18 March 1986,
and there’s Inheritance Tax to pay, or there’s no Inheritance Tax
to pay, but the estate does not qualify as an excepted estate.
The IHT400, ‘Notes’, page 1, gives details about excepted estates.
Deadline
You must send this form to us within 12 months of the date
of death. Interest will be payable after 6 months.
The Inheritance Tax account
The account is made up of this form and separate schedules.
You’ll have to fill in some of the schedules.
To help you get started:
• gather the deceased’s papers and the information you
have about their estate – make a list of their assets,
liabilities, investments and other financial interests and
any gifts made
• fill in boxes 1 to 28 then work through boxes 29 to 48 of
this form to identify which schedules you’ll need – if you
do not have them all
— download them from www.gov.uk/inheritance-tax
— or phone the helpline to request them
• fill in the necessary schedules before moving on to fill in
this form
Inheritance Tax reference number
If there’s any Inheritance Tax to pay, you’ll need an
Inheritance Tax reference number before you send this form
to us. You can apply for a reference number online at
www.gov.uk/paying-inheritance-tax or by filling in
Schedule IHT422, ‘Application for an Inheritance Tax
reference’ and sending it to the address shown on that form.
You’ll need to apply for a reference number at least 3 weeks
before you plan to send us this form. You do not need to
apply for a reference number if there’s no tax to pay.
Filling in this form
• use the IHT400, ‘Notes’ to help you fill in this form
• fill in the form in black or blue ink
• make full enquiries so you can show that the figures you
give and the statements you make are correct
• if an instrument of variation has been signed before
applying for a grant, fill in the form to show the effect
of the will/intestacy and instrument together –
go to IHT400, ‘Notes’
Answer all the questions and fill in the boxes to help us
process your form.
If you need help
For more information or help, or another copy of this form:
• go to www.gov.uk/inheritance-tax
• phone our helpline on 0300 123 1072 – if calling from
outside the UK, phone +44 300 123 1072
About the deceased
1
Deceased’s name
Title – enter MR, MRS, MISS, MS or other title
Surname
First names
2
Date of death DD MM YYYY
3
Inheritance Tax reference number
Go to the note at the top of this form
4
Was the deceased male or female?
Male Female
5
Deceased’s date of birth DD MM YYYY
6
Where was the deceased domiciled at the date of death?
Go to IHT400, ‘Notes’ for information about domicile
• England and Wales
• Scotland
• Northern Ireland
• other country specify country below
If the deceased was not domiciled in the UK, fill in
IHT401
now, and then the rest of this form
Inheritance Tax account
IHT400
Page 2
If the deceased was domiciled in Scotland at the date of death
Deceased’s details
7
Has the legitim fund been discharged in full following the death?
Go to IHT400, ‘Notes’
Yes Go to box 8
No Provide a full explanation in the ‘Additional information’ boxes, page 16
8
Was the deceased
• married or in a civil partnership?
• single?
• widowed or a surviving civil partner?
• divorced or a former civil partner?
9
If the deceased was married or in a civil partnership at
the time of their death, on what date did the marriage
or registration of the civil partnership take place?
DD MM YYYY
10
Who survived the deceased
Tick all that apply
• a spouse or civil partner?
• brothers or sisters?
• parents?
• children? number
• grandchildren? number
11
Deceased’s last known permanent address
Postcode
House number
Rest of address, including house name or flat number
12
Was the property in box 11 owned or part-owned by
the deceased or did the deceased have a right to live
in the property?
Do not tick ‘Yes’ to this question if the deceased was
only renting the property
Yes Go to box 13
No Give details below. For example, ‘deceased
lived with daughter’ or ‘address was a
nursing home’
13
Deceased’s occupation, or former occupation if retired,
for example, ‘retired doctor’
14
Deceased’s National Insurance number
15
Deceased’s Income Tax number or Unique Taxpayer
Reference (UTR)
(if known)
16
Did anyone act under a power of attorney granted by
the deceased during their lifetime?
This may have been a general, enduring or lasting
power of attorney.
No
Yes
Enclose a copy of the power
of attorney
Page 3
Contact details of the person dealing with the estate
For example, a solicitor or executor.
Deceased’s will
17
Name and address of the firm or person dealing with
the estate
Name
Postcode
House or building number
Rest of address, including house name or flat number
18
Contact name
If different from box 17
19
Phone number
20
Contact’s reference
If we need to repay any overpaid Inheritance Tax we will
make payments directly to a customer’s bank account using
Faster Payments. The payment will be identified on the
bank statement by the Inheritance Tax reference number.
Enter the account details below.
21
Account name
22
Sort code
23
Account number
24
Did the deceased leave a will?
No Go to box 29
Yes Go to box 25. Please enclose a copy of the
will and any codicils when sending us your
account. If an instrument of variation alters
the amount of Inheritance Tax payable on this
estate, please also send a copy
25
Is the address of the deceased as shown in the will the
same as the deceased’s last known permanent address
at box 11?
No
Go to box 26
Yes Go to box 27
26
What happened to the property given as the deceased’s
residence in the will?
If the deceased sold the property but used all the sale
proceeds to buy another main residence for themselves
and this happened more than once, there’s no need to
give details of all the events. Simply say that the ‘residence
was replaced by the current property’. In all other cases
give details of exactly what happened to the property,
and give the date of the events
Page 4
Items referred to in the will but not included in the estate
Only fill in boxes 27 and 28 if the deceased left a will. If they did not, go to box 29.
27
Are you including on this form all assets specifically referred to in the will?
For example, land, buildings, personal possessions, works of art or shares
No Go to box 28
Yes Go to box 29
28
Items referred to in the will and not included on this form. Any gifts should be shown on form IHT403
Items given away as gifts,
sold or disposed of before
the deceased’s death
Who was the item given
or sold to, or what
happened to it?
Date of
gift, sale
or disposal
Value of the item at
the date of gift, sale
or disposal
£
If the item was sold,
what did the deceased
do with the sale
proceeds?
Page 5
What makes up your Inheritance Tax account – schedules
To make a complete account of the estate you may need to fill in some separate schedules.
Answer the following questions by ticking the ‘No’ or ‘Yes’ box.
29a
Residence nil rate band
Do you want to use the residence nil rate band?
No Yes Use Schedule
IHT435
29b
Transfer of unused residence nil rate band
Do you want to transfer any unused residence nil rate
band from the deceased’s spouse or civil partner who died
before them?
No Yes Use Schedule
IHT436
29c
Transfer of unused nil rate band
Do you want to transfer any unused nil rate band
from the deceased’s spouse or civil partner who died
before them?
No Yes Use Schedule
IHT402
30
Gifts and other transfers of value
Did the deceased make any lifetime gifts or other transfers
of value on or after 18 March 1986? See IHT400, ‘Notes’
No Yes Use Schedule
IHT403
31
Jointly owned assets
Did the deceased jointly own any assets (other than
business or partnership assets) with any other persons?
No Yes Use Schedule
IHT404
32
Houses, land, buildings and interests in land
Did the deceased own any houses, land or buildings or
have rights over land in the UK in their sole name?
No Yes Use Schedule
IHT405
33
Bank and building society accounts
Did the deceased hold any bank or building society
accounts in their sole name, including cash ISAs,
National Savings and Premium Bonds?
No Yes Use Schedule
IHT406
34
Household and personal goods
Did the deceased own any household goods or
personal possessions?
No Yes Use Schedule
IHT407
If the deceased did not own any household goods or
personal possessions or they do not have any value,
please explain the circumstances in the ‘Additional
information’ boxes on page 16.
35
Household and personal goods donated to charity
Do the people who inherit the deceased’s household
goods and personal possessions want to donate some or
all of them to a qualifying charity and deduct charity
exemption from the value of the estate?
For example, they may wish to donate the deceased’s
furniture to a charity shop
No Yes Use Schedule
IHT408
36
Pensions
Did the deceased have any provision for retirement other
than the State Pension? For example, a pension from an
employer, a personal pension policy (or an alternatively
secured pension)
No Yes Use Schedule
IHT409
37
Life assurance and annuities
Did the deceased pay premiums on any life assurance
policies, annuities or other products which are payable
either to their estate, to another person or which continue
after death?
No Yes Use Schedule
IHT410
38
Listed stocks and shares
Did the deceased own any listed stocks and shares or
stocks and shares ISAs (excluding control holdings)?
No Yes Use Schedule
IHT411
39
Unlisted stocks and shares and control holdings
Did the deceased own any unlisted stocks and shares
(including AIM and OFEX), or any control holdings
of any listed shares?
No Yes Use Schedule
IHT412
40
Business Relief, business and partnership interests
and assets
Do you want to deduct Business Relief from any business
interests and assets owned by the deceased or a
partnership in which they were a partner?
No Yes Use Schedule
IHT413
41
Farms, farmhouses and farmland
Do you want to deduct Agricultural Relief from any
farmhouses, farms or farmland owned by the deceased?
No Yes Use Schedule
IHT414
Page 6
What makes up your Inheritance Tax account – schedules continued
To make a complete account of the estate you may need to fill in separate schedules.
Answer the following questions by ticking the ‘No’ or ‘Yes’ box.
42
Interest in another estate
Was the deceased entitled to receive any legacy or assets
from the estate of someone who died before them and
that they had not received before they died?
No Yes Use Schedule
IHT415
43
Debts due to the estate
Was the deceased owed any money by way of personal
loans or mortgage at the date of death?
No Yes Use Schedule
IHT416
44
Foreign assets
Did the deceased own any assets outside the UK either in
their sole name or jointly with others?
No Yes Use Schedule
IHT417
45
Assets held in trust
Did the deceased have any right to benefit from any
assets held in trust (including the right to receive assets
held in a trust at some future date)?
No Yes Use Schedule
IHT418
46
Debts owed by the deceased
Do you wish to include a deduction from the estate for
debts and liabilities of the following types:
• money that was spent on behalf of the deceased and
which was not repaid
• loans
• liabilities related to a life assurance policy where the
sum assured will not be fully reflected in the estate
• debts that the deceased guaranteed on behalf of
another person?
No Yes Use Schedule
IHT419
47
National Heritage assets
Is any asset already exempt or is exemption now being
claimed, on the grounds of national, scientific, historic,
artistic, scenic or architectural interest? Or does any such
asset benefit from an Approved Maintenance Fund for
the upkeep and preservation of National Heritage assets?
No Yes Use Schedule
IHT420
If you answered Yes to any of questions 29 to 47, fill in
the schedule for that asset except schedules IHT435
and IHT436. The schedule number is shown at the end of
each question.
48
Do you have all of the schedules you need?
No • download the schedules from
www.gov.uk/inheritance-tax
• phone us on 0300 123 1072
(+44 300 123 1072 from outside the UK)
When you have all the schedules you need,
fill in all of the marked schedules except
IHT435 and IHT436 before you go to box 49.
Yes Fill in all of the marked schedules except
IHT435 and IHT436 before you go to box 49.
Fill in schedules IHT435 and IHT436 after
completing box 108.
Page 7
Estate in the UK
Use this section to tell us about assets owned by the deceased in the UK. You should include all assets owned outright by the
deceased and the deceased’s share of jointly owned assets. You’ll need to copy figures from the schedules you’ve filled in. Any
assets the deceased had outside the UK should be shown on Schedule IHT417, ‘Foreign assets’ and not in boxes 49 to 96.
Jointly owned assets
Enter ‘0’ in the box if the deceased did not own any of the assets described.
Column A Column B
49
Jointly owned assets (Schedule IHT404, box 5)
£
50
Jointly owned assets (Schedule IHT404, box 10)
£
Assets owned outright by the deceased
Enter the value of the assets owned outright by the deceased in the amount boxes attached to each question.
Enter ‘0’ in the box if the deceased did not own any of the assets described.
51
Deceased’s residence (except farmhouses and jointly owned
houses) (Schedule IHT405, box 7). Include the value of jointly
owned houses at box 49 and farmhouses at box 68 instead.
Have you considered residence nil rate band?
(Schedules IHT435 and IHT436)
£
52
Bank and building society accounts in the deceased’s sole name
(Schedule IHT406, box 1)
£
53
Cash (in coins or notes) and uncashed traveller’s cheques
£
54
Premium Bonds and National Savings and Investments products
(Schedule IHT406, box 5)
£
55
Household and personal goods (Schedule IHT407, box 6)
£
56
Pensions (Schedule IHT409, boxes 7 and 15) – include the
value of any pensions arrears due at the date of death
£
57
Life assurance and mortgage protection policies
(Schedule IHT410, box 6)
£
58
Total of all the figures in column A (boxes 50 to 57)
£
59
Total of all the figures in column B (boxes 49 plus 51)
£
Page 8
Estate in the UK continued
60
Copy the figure from box 58
£
61
Copy the figure from box 59
£
62
UK Government and municipal securities (Schedule IHT411, box 1),
but include dividends and interest at box 64
£
63
Listed stocks, shares and investments that did not give the
deceased control of the company (Schedule IHT411, box 2)
£
64
Dividends or interest on stocks, shares and securities
£
65
Traded unlisted and unlisted shares except control holdings
(Schedule IHT412, boxes 1 and 2)
£
66
Traded unlisted and unlisted shares except control holdings
(go to IHT412 notes, ‘Paying tax by instalments’)
£
67
Control holdings of unlisted, traded unlisted and listed shares
(Schedule IHT412, boxes 3, 4 and 5)
£
73
Debts due to the estate (Schedule IHT416, box 3 total)
£
74
Income Tax or Capital Gains Tax repayment
£
75
Trust income due to the deceased – go to IHT400, ‘Notes’
£
76
Other assets and income due to the deceased
(enter details in the ‘Additional information’ boxes on
page 16 of this form if not given elsewhere)
£
77
Total of all the figures in column A (boxes 60 to 65 and 72 to 76)
£
78
Total of all the figures in column B (boxes 61 to 71)
£
79
Gross total of the estate in the UK (box 77 plus box 78)
£
68
Farms, farmhouses and farmland
(give details on Schedules IHT414 and IHT405)
£
69
Businesses including farm businesses, business assets and timber
£
70
Other land, buildings and rights over land (give details on Schedule IHT405)
£
71
Interest in another estate (Schedule IHT415, box 7)
£
72
Interest in another estate (Schedule IHT415, box 9)
£
Page 9
Deductions from the estate in the UK incurred up to the date of death
80
Mortgages, secured loans and other debts payable out of property or assets owned outright by the deceased and shown
in column B on pages 7 and 8.
For example, a mortgage secured on the deceased’s house or a loan secured on a business. Enter the name of the creditor and
say which property or asset the deduction relates to, describing the liability. Provide copies of any written evidence of the debts.
Name of creditor Property or asset and description of liability Amount £
Total mortgages and secured loans £
81
Funeral expenses
Funeral costs £
Headstone £
Other costs (specify)
Total cost of funeral £
82
Other liabilities
Enter any other liabilities that have not been shown in boxes 80 or 81.
For example, outstanding gas and electricity bills, credit card balances, nursing home fees or Income Tax.
Creditor’s name and description of the liability Amount £
Total other liabilities £
Page 10
Deductions from the estate in the UK continued
Exemptions and reliefs
92
Exemptions and reliefs deducted from the assets in the deceased’s sole name shown in column A on pages 7 and 8
– go to IHT400, ‘Notes’. If you’re deducting spouse or civil partner exemption, enter the spouse’s or civil partner’s full name,
date and country of birth and their domicile. If you’re deducting charity exemption, enter the full name of the charity, country
of establishment and the HM Revenue and Customs (HMRC) charities reference, if available. Do not include exemptions or reliefs
on jointly owned assets, these should be deducted on Schedule IHT404, at box 9. Do not deduct transferable nil rate band here
or at box 93. It should be deducted at box 116 or box 2 IHT400, ‘Calculation’.
Describe the exemptions and reliefs you’re deducting. For example ‘cash gift to charity in the
will’ and show how the amount has been calculated – use the ‘Additional information’ boxes on
page 16 of this form if you need more space.
Amount deducted
£
Total exemptions and reliefs from assets in column A £
Deductions summary
Column A Column B
83
Box 80 figure
£
84
Total of box 81 and box 82
£
85
Box 77 minus box 84. If the result is a minus figure enter ‘0’
in the box and enter the deficit in box 88
£
86
Box 78 minus box 83. If the result is a minus figure enter ‘0’
in the box and enter the deficit in box 87
£
87
Enter the deficit figure from box 86 (if there is one)
£
88
Enter the deficit figure from box 85 (if there is one)
£
89
Box 85 minus box 87
£
90
Box 86 minus box 88
£
91
Total estate in the UK (box 89 plus box 90)
£
Page 11
Exemptions and reliefs continued
Other assets taken into account to calculate the tax
93
Exemptions and reliefs deducted from the assets in the deceased’s sole name shown in column B on pages 7 and 8
– go to IHT400, ‘Notes’. If you’re deducting spouse or civil partner exemption enter the spouse’s or civil partner’s full name,
date and country of birth and their domicile and/or, if you’re deducting charity exemption, enter the full name of the charity,
the country of establishment and the HMRC Charities reference, if available (unless already given at box 92).
Do not include exemptions or reliefs on jointly owned assets, these should be deducted on form IHT404, at box 4.
Describe the exemptions and reliefs you’re deducting. For example, ‘Agricultural Relief on farm’
and show how the amount has been calculated – use the ‘Additional information’ boxes on
page 16 if you need more space.
Amount deducted
£
Total exemptions and reliefs from assets in column B £
94
Box 89 minus box 92
£
95
Box 90 minus box 93
£
96
Total net estate in the UK, after exemptions and reliefs
(box 94 plus box 95)
£
Column A Column B
97
Foreign houses, land, businesses and control holdings
(Schedule IHT417, box 5)
£
98
Other foreign assets (Schedule IHT417, box 10)
£
99
Assets held in trust on which the trustees would like to pay
the tax now (Schedule IHT418, box 12)
£
100
Assets held in trust on which the trustees would like to pay
the tax now (Schedule IHT418, box 17)
£
101
Nominated assets. Include details of the nominated assets
in the ‘Additional information’ boxes on page 16
–
go to IHT400, ‘Notes’
£
102
Box 98 plus box 100 plus box 101
£
103
Box 97 plus box 99
£
104
Gifts with reservation and pre-owned assets
(Schedule IHT403, box 17)
£
105
Assets held in trust on which the trustees are not paying the
tax now (Schedule IHT418, box 18)
£
106
Alternatively secured pension funds
(Schedule IHT409, boxes 32 and 42 – only where the date of
death is between 6 April 2006 and 5 April 2007 inclusive)
£
107
Total other assets taken into account to calculate the tax
(box 102 plus boxes 103, 104, 105 and 106)
£
108
Total chargeable estate (box 96 plus box 107). Complete IHT435
and IHT436 if you’ve ticked boxes 29a or 29b on page 5
£
Page 12
Working out the Inheritance Tax
If you’re filling in this form yourself without the help of a solicitor or other adviser, you do not
have to work the tax yourself, we can do it for you. If you want us to do this, tick here
If there is no Inheritance Tax to pay, you do not need to fill in this page and should go to box 121 on page 13.
109
Does any part of the estate qualify for the reduced rate
of Inheritance Tax (36%)? Go to IHT400, ‘Notes’ page 54
No Go to box 110
Yes You’ll need to fill in Schedule IHT430,
‘Reduced rate of Inheritance Tax’
Paying Inheritance Tax by instalments
Instead of paying all of the Inheritance Tax at once you
may pay some of it in 10 annual instalments (that is,
one instalment each year for 10 years). You can pay by
instalments on any assets shown in column B on
pages 7 and 8 that have not been sold.
Interest will be payable on the instalments.
The total value of the assets on which you may pay the
tax by instalments is box 95 plus boxes 97 and 99 (if any).
110
Do you wish to pay the tax on the amounts shown in
boxes 95, 97 plus 99 by instalments?
No Go to Simple Inheritance Tax calculation.
If you do not elect to pay tax by instalments
you must pay all the tax due on the estate
when you send us your form IHT400.
Yes If any of the assets in column B have
been sold, write the total value of those
assets here
£
Go to box 120
Simple Inheritance Tax calculation
You can use the simple calculation in boxes 111 to 119 to work out the Inheritance Tax on the estate as long as the following apply:
• you’re paying the tax on or before the last day of the sixth month after the death occurred so no interest is payable
• you want to pay all of the tax now and not pay by instalments on property in column B (see note above about paying
Inheritance Tax by instalments)
• the total of any lifetime gifts is below the Inheritance Tax nil rate band
• you’re not deducting double taxation relief on any foreign assets (go to the note on IHT400, ‘Calculation’)
• you’re not deducting successive charges relief on assets inherited by the deceased in the last 5 years from
another estate on which Inheritance Tax was paid (go to the note on IHT400, ‘Calculation’)
• the estate does not qualify for the reduced rate of Inheritance Tax (36%)
Note that a portion of the Inheritance Tax may be payable before the grant of representation or confirmation can be obtained.
Go to page 7 of IHT400, ‘Notes’ for further details.
If the simple calculation does not apply to you, you’ll need to use either form IHT400, ‘Calculation’ or Schedule IHT430,
‘Reduced rate of Inheritance Tax’ to work out the Inheritance Tax due then continue to fill in this form at box 120.
111
Residence nil rate band
(enter the result from the Residence nil rate band calculator, go to www.gov.uk)
£
112
Chargeable estate after residence nil rate band
(if negative enter ‘0’) (box 108 minus box 111)
£
113
Total chargeable value of gifts made by the deceased
within the 7 years before their death (IHT403, box 7)
£
114
Value chargeable to tax before nil rate band (box 112 plus box 113)
£
115
Inheritance tax nil rate band at the date of death – go to IHT400, ‘Rates and tables’
£
116
Transferable nil rate band (Schedule IHT402, box 20)
£
117
Total nil rate band (box 115 plus box 116)
£
118
Value chargeable to tax (box 114 minus box 117)
£
119
Inheritance Tax (box 118 multiplied by 40%)
£
•
Page 13
Direct Payment Scheme
This is a scheme under which participating banks, building societies and National Savings and Investments will release funds
from the deceased’s accounts directly to HMRC to pay Inheritance Tax.
Declaration
120
Do you wish to use the Direct Payment Scheme?
No
Yes
Fill in Schedule IHT423 (you’ll need a separate form for each bank, building society and
National Savings and Investments account concerned)
121
I/We wish to apply for the following type of grant
(go to the note ‘Grant of representation’ in IHT400, ‘Notes’
to decide on the type of grant)
• Probate
• Confirmation
• Letters of Administration
• Letters of Administration with will annexed
• Other (specify)
To the best of my/our knowledge and belief, the
information I/we have given and the statements I/we
have made in this account and the schedules attached
(together called ‘this account’) are correct and complete.
Tick the schedules you’ve filled in.
IHT401
IHT409
IHT417
IHT402
IHT410
IHT418
IHT403
IHT411
IHT419
IHT404
IHT412
IHT420
IHT405
IHT413
IHT430
IHT406
IHT414
IHT435
IHT407
IHT415
IHT436
IHT408
IHT416
I/We have made the fullest enquiries that are reasonably
practicable in the circumstances to find out the open
market value of all the items shown in this account.
The value of items in the box(es) listed are provisional
estimates which are based on all of the information
available to me/us at this time.
I/We will tell HM Revenue and Customs the exact values as
soon as I/we know it and I/we will pay any additional tax
and interest that may be due.
List the boxes in the account that are provisional here.
Where Schedule IHT402 has been filled in I/we declare
that to the best of my/our knowledge and belief:
• the deceased and their spouse or civil partner were
married or in a civil partnership at the date the
spouse or civil partner died
• where a Deed of Variation has not been provided
there has been no change to the people who
inherited the estate of the spouse or civil partner
I/We understand that I/we may be liable to prosecution
if I/we deliberately conceal any information that affects
the liability to Inheritance Tax arising on the deceased’s
death, or if I/we deliberately include information in this
account which I/we know to be false.
I/We understand that I/we may have to pay financial
penalties if this account is delivered late or contains
false information, or if I/we fail to correct anything in
this account which is incorrect in any material respect
within a reasonable time of it coming to my/our notice.
I/We understand that the issue of the grant does not
mean that I/we have paid all the Inheritance Tax and
interest that may be due on the estate, or that the
statements made and the values included in this account
are accepted by HM Revenue and Customs.
I/We understand that HM Revenue and Customs:
• will only look at this account in detail after the grant
has been issued
• may need to ask further questions and discuss the
value of items shown in this account
• may make further calculations of tax and interest
payable to help the persons liable for the tax to
make provision to meet the tax liability
I/We understand that I/we may have to pay interest on
any unpaid tax according to the law where:
• I/we have elected to pay tax by instalments
• additional tax becomes payable for any reason
Each person delivering this account, whether as
executor, intending administrator or otherwise must
sign on page 14 to indicate that they have read and
agreed the statements above.
If you’re acting in a professional capacity for this estate
give either your SA or CT UTR and agent name on page 14.
Page 14
Declaration continued
Surname or agent name
First names
Date of birth
National Insurance number or UTR
Phone number
Address
Postcode
Signature
Date DD MM YYYY
Surname or agent name
First names
Date of birth
National Insurance number or UTR
Phone number
Address
Postcode
Signature
Date DD MM YYYY
Surname or agent name
First names
Date of birth
National Insurance number or UTR
Phone number
Address
Postcode
Signature
Date DD MM YYYY
Surname or agent name
First names
Date of birth
National Insurance number or UTR
Phone number
Address
Postcode
Signature
Date DD MM YYYY
Page 15
Checklist
For more information read the relevant page in the IHT400, ‘Notes’. Use the checklist to remind you of:
• the actions you should take
• the additional information you should include when sending the Inheritance Tax forms to us
If the deceased died leaving a will, provide a copy of the
will, and any codicils
No
Yes
If the estate has been varied in any way and the variation
results in either an increase or decrease in the amount of tax,
provide a copy of the instrument of variation
No
Yes
Any professional valuation of stocks and shares
No Yes
Any professional valuation of household effects or
personal possessions
No
Yes
Any professional valuation of houses, land and buildings
No
Yes
A copy of any insurance policy (and annuity, if appropriate)
where the deceased was paying the premiums for the
benefit of someone else and any trust documents if the
policy has been written in trust
No
Yes
A copy of any trust deeds, if the trustees are paying tax at
the same time as you apply for the grant
No
Yes
Any evidence of money owed to the deceased, including
loan agreements and related trusts or policies and any
evidence of the debts being released
No
Yes
A copy of any joint life assurance policy or policy on the life
of another person
No
Yes
A copy of any structural survey and/or correspondence with
the loss adjuster about any structurally damaged property
No
Yes
If you’re deducting Agricultural Relief, a plan of the
property and a copy of the lease or agreement for letting
(where appropriate)
No
Yes
If you’re deducting Business Relief, a copy of the
partnership agreement (where appropriate) and the
last 3 years’ accounts
No
Yes
If you’re deducting double taxation relief or unilateral relief,
provide evidence of the foreign tax, in the form of
an assessment of the foreign tax, a certificate of the
foreign tax paid and (if available) the official receipt
No
Yes
Any written evidence of debts to close friends or family
No
Yes
Have all executors signed page 14 of this form?
No
Yes
If you’ve calculated your own tax, have you enclosed
the calculation with this form and arranged to pay the tax?
No
Yes
Direct Payment Scheme (if used)
If you’re using the Direct Payment Scheme, have you sent a
Schedule IHT423 to each organisation from which funds will
be provided?
Go to IHT423
No Yes
If you want HM Revenue and Customs to call for payment
from British government stock, send us a letter detailing
the investments to be used and how much of the tax is to
be paid by government stock.
For more information on paying by National Savings, go to
www.gov.uk/paying-inheritance-tax/national-savings-and-
investments
To pay using government stocks, go to
www.gov.uk/paying-inheritance-tax/british-government-stock
Page 16
If you need more space, continue on a separate sheet.
Return addresses and contact details
If you’re applying for a grant in England, Wales or Northern Ireland or confirmation in Scotland you
should send the Inheritance Tax forms to:
Inheritance Tax
HM Revenue and Customs
BX9 1HT
Phone: 0300 123 1072
If you want to know more about any particular aspect of Inheritance Tax or have specific questions about
completing the forms:
• go to www.gov.uk/inheritance-tax
• phone the Probate and Inheritance Tax Helpline on
0300 123 1072 (+44 300 123 1072 from outside the UK)
If you need a copy of any of our forms or leaflets you can download them from our website or phone the
Probate and Inheritance Tax Helpline to order them.
Additional information
Use this space:
• to explain the circumstances where the deceased did not own any household effects, personal possessions
or they do not have any value (box 34)
• to give us any additional information we ask for, including details of:
— any claim for discharge of legal rights (box 7)
— other assets and income due to the deceased (box 76)
— nominated assets (box 101)
— successive charges relief (IHT400, ‘Calculation’, box 10)
— why any debts that are not being repaid out of the estate are still being deducted
against the estate (box 80 or 82)
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Form IHT400: Inheritance Tax account (HMRC)

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Completed 17 September 2020

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