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Home / Simons-Taxes /IHT, trusts and estates /Part I11 Administration and collection /Division I11.4 Payment of IHT /Other facilities for payment of IHT / I11.431 Certificates of tax deposit for payment of IHT
Commentary

I11.431 Certificates of tax deposit for payment of IHT

IHT, trusts and estates

Inheritance tax may be paid by certificates of tax deposit1. The purpose of the deposits is to enable taxpayers to provide for tax payable in the future, the amount of which may be unknown or in dispute, and to provide protection against a charge to interest on tax paid late. However, the scheme closed

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