Form

Direct Payment Schemes for Inheritance Tax (IHT423)

Use this form to pay the Inheritance Tax due, by transferring money from the deceased’s bank, building society or investment account.

• From: HM Revenue & Customs
• Published: 4 April 2014
• Last updated: 24 February 2025
  Show all updates

  1. 24 February 2025

     The form IHT423 in English and Welsh has been updated.

  2. 1 October 2024

     The form IHT423 has been updated and information to let you claim for investment funds has been added.

  3. 10 February 2020

     Guidance on National Savings and Investments has been updated in the IHT423 form.

  4. 5 February 2016

     IHT423 updated attachment replaced on the page.

  5. 4 April 2014

     First published.

Documents

Direct Payment Schemes for Inheritance Tax (IHT423)

Ref: IHT423

PDF, 1 MB, 4 pages

This file may not be suitable for users of assistive technology.

Request an accessible format

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Read the accessibility statement for HMRC forms.

https://www.gov.uk/guidance/accessibility-statement-for-hmrc-interactive-forms

Details

Use the IHT423 with form IHT400 if you are transferring money from the deceased’s bank, building society or investment account directly to HMRC using the Direct Payment Scheme.

How to complete the form

You need to:

1. Download and save the form on your computer.

2. Open it using the latest free version of Adobe Reader.

3. Complete it on-screen.

The form may not work if you try to open it in your internet browser. If the form does not open, contact online services support for more help.