The rules for reporting and paying an IHT liability are different for transfers on death and those in lifetime.
Transfers chargeable on death
IHT is due on transfers due to death six months after the end of the month in which the death occurred. This is subject to any amounts which may be payable by instalments. IHT must be paid in order to obtain the grant of representation.
The personal representatives must deliver an account to HMRC comprising the deceased's estate on death, any settled property in which they had a qualifying interest in possession and any chargeable transfers made by the deceased in the seven years before their death.
The report is made on the IHT400 suite of forms where the estate is not an excepted
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Web page updated on 17 Mar 2025 17:33