HMRC, under the powers conferred on them1, have from time to time made regulations to dispense with the delivery of an account in specified circumstances where no IHT is payable.
Historically, where an estate was an 'excepted estate', an IHT return (IHT205) was required. This requirement was removed for deaths on or after 1 January 2022, with the relevant IHT information being captured within the probate forms (or the online application process). The IHT205 will no longer be available via the online service after 31 December 2022. Taxpayers who have used the online services will need to complete the probate application by 31 March 2023. The print and post form can still be used.
For deaths on or after 1 January 2022, the regulations which set the conditions for excepted estates were also amended2. This increased the limits and thus the number of estates qualifying as excepted. The previous limits, for deaths before 1 January 2022, are noted in brackets where appropriate.
The regulations3 provide that an account need not be delivered
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Web page updated on 17 Mar 2025 17:08