What sort of account is required?: types of account
In all cases where a full account for a death estate or lifetime event is required the following forms should be completed.
For deaths/transfers on or after 18 March 1986
Form IHT400 (IHTM10021) should be used in all cases where the death estate is not an excepted estate (IHTM06011). If the deceased was domiciled in the UK, and certain other conditions are met the form IHT400, reduced account (IHTM10471) can be completed. The instructions for completing form IHT400 are contained in a booklet - Form IHT400 Notes.
Form IHT100 (IHTM10501) should be used as the account form for transfers of value, including:
- potentially exempt transfers (IHTM14024) chargeable on the death of the transferor within seven years
- gifts of property with reservation (IHTM14025)
- terminations (IHTM04084) of interests in possession in settled property (IHTM16000); and
- other chargeable (IHTM14531) lifetime transfers
The instructions for completing form IHT100 are contained in a booklet IHT110.
For events before 18 March 1986
Form Cap 200 should be used in all cases where the grant is being taken out in the UK, the estate is not an excepted estate and the deceased was domiciled (IHTM13001) in the UK. Where a grant of confirmation is being obtained in Scotland the correct form is Cap A-3
If the deceased was domiciled outside the UK form Cap 201 should be completed. The instructions for completing forms Cap 200 and Cap 201 are contained in the booklet Cap 213.
Form Cap C5 should be used as the account form for transfers of value, including: