IHTM10000 - IHT accounts and accountability: contents

Summary

1. IHTM10001

   Summary

IHT accounts

1. IHTM10011

   IHT accounts: Introduction

IHT400

1. IHTM10021

   IHT400: Introduction
2. IHTM10022

   IHT400: What is included in the account
3. IHTM10030

   IHT400: Deceased’s details (pages 1 and 2)
4. IHTM10031

   IHT400: Deceased domiciled in Scotland (page 2)
5. IHTM10032

   IHT400: Contact details of person dealing with the estate and repayment authority (page 3)
6. IHTM10033

   IHT400: Deceased’s Will (page 3)
7. IHTM10034

   IHT400: Items referred to in the Will but not included in the estate (page 4)
8. IHTM10035

   IHT400: Supplementary Schedules (pages 1, 4 and 5)
9. IHTM10036

   IHT400: Estate in the UK - jointly owned assets (page 6)
10. IHTM10037

    IHT400: Estate in the UK - assets owned outright by the deceased (pages 6 and 7)
11. IHTM10038

    IHT400: Deductions from the estate in the UK incurred up to the date of death (pages 8 and 9)
12. IHTM10039

    IHT400: Exemptions and reliefs (pages 9 and 10)
13. IHTM10040

    IHT400: Other assets taken into account to calculate the tax (page 10)
14. IHTM10041

    IHT400: Working out the tax and the simple calculation (page 11)
15. IHTM10042

    IHT400: Direct Payment scheme (page 12)
16. IHTM10043

    IHT400: Declaration (pages 12 and 13)
17. IHTM10044

    IHT400: Checklist (page14)
18. IHTM10045

    IHT400: Additional information pages (pages 15 and 16)

IHT400: Investigating the deceased’s personal details

1. IHTM10050

   IHT400: Investigating the deceased’s personal details: Domicile (box 6)
2. IHTM10051

   IHT400: Investigating the deceased’s personal details: Surviving spouse or civil partner (box 8)
3. IHTM10052

   IHT400: Investigating the deceased’s personal details: Last known permanent address (boxes 11 and 12)
4. IHTM10053

   IHT400: Investigating the deceased’s personal details: Nursing and residential homes (box 12)
5. IHTM10054

   IHT400: Investigating the deceased’s personal details: Occupation (box 13)
6. IHTM10055

   IHT400: Investigating the deceased’s personal details: Power of attorney (box 16)
7. IHTM10056

   IHT400: Investigating the deceased’s personal details: Deceased’s Will

IHT400: Investigating the assets on page 6

1. IHTM10060

   IHT400: Investigating the assets on page 6: Deceased’s residence (box 51)
2. IHTM10061

   IHT400: Investigating the assets on page 6: Cash (box 53)
3. IHTM10062

   IHT400: Investigating the assets on page 6: Household and personal goods (box 55)
4. IHTM10063

   IHT400: Investigating the assets on page 6: Pensions (box 56)
5. IHTM10064

   IHT400: Investigating the assets on page 6: Life assurance and mortgage protection policies (box 57)

IHT400: Bank and building society accounts (box 52)

1. IHTM10070

   IHT400: Bank and building society accounts (box 52): What accounts are included?
2. IHTM10071

   IHT400: Bank and building society accounts (box 52): Investigating values
3. IHTM10072

   IHT400: Bank and building society accounts (box 52): Valuing entitlements arising from take-overs, mergers and flotations of building societies and other mutual organisations
4. IHTM10073

   IHT400: Bank and building society accounts (box 52): Valuation of compensation rights on failure of bank or building society

IHT400: Premium Bonds (box 54)

1. IHTM10081

   IHT400: Premium Bonds (box 54): Investigating values
2. IHTM10082

   IHT400: Premium Bonds (box 54): When to include prizes

IHT400: National Savings investments (box 54)

1. IHTM10091

   IHT400: National Savings investments (box 54): Investments to be included in estate
2. IHTM10092

   IHT400: National Savings investments (box 54): Investigating values

IHT400: Investigating the assets on page 7

1. IHTM10101

   IHT400: Investigating the assets on page 7: Stocks and shares (boxes 62 to 67)
2. IHTM10102

   IHT400: Investigating the assets on page 7: Farms, farmhouses and farmland (box 68)
3. IHTM10103

   IHT400: Investigating the assets on page 7: Businesses including farm businesses and timber (box 69)
4. IHTM10104

   IHT400: Investigating the assets on page 7: Other land, buildings and rights over land (box 70)
5. IHTM10105

   IHT400: Investigating the assets on page 7: Interest in another estate (boxes 71 and 72)
6. IHTM10106

   IHT400: Investigating the assets on page 7: Debts due to the estate (box 73)
7. IHTM10107

   IHT400: Investigating the assets on page 7: Income Tax or Capital Gains Tax repayment (box 74)
8. IHTM10108

   IHT400: Investigating the assets on page 7: Trust income due to the deceased (box 75)

IHT400: Other income and assets due to the deceased (box 76)

1. IHTM10110

   IHT400: Other income and assets due to the deceased (box 76): General

IHT400: Other income due to the deceased (box 76)

1. IHTM10120

   IHT400: Other income due to the deceased (box 76): General
2. IHTM10121

   IHT400: Other income due to the deceased (box 76): Barrister's fees
3. IHTM10122

   IHT400: Other income due to the deceased (box 76): Civil Service pay and pensions
4. IHTM10123

   IHT400: Other income due to the deceased (box 76): Redundancy payments
5. IHTM10124

   IHT400: Other income due to the deceased (box 76): Rents due to the deceased
6. IHTM10125

   IHT400: Other income due to the deceased (box 76): Retrospective pay awards

IHT400: Other assets due to the deceased

1. IHTM10151

   IHT400: Other assets due to the deceased: General
2. IHTM10152

   IHT400: Other assets due to the deceased: Interest in expectancy
3. IHTM10153

   IHT400: Other assets due to the deceased: Private health schemes
4. IHTM10154

   IHT400: Other assets due to the deceased: Compulsory acquisition of land
5. IHTM10155

   IHT400: Other assets due to the deceased: Copyrights, royalties, etc.
6. IHTM10156

   IHT400: Other assets due to the deceased: Damages or claims for damages
7. IHTM10157

   IHT400: Other assets due to the deceased: Deferred legacies
8. IHTM10158

   IHT400: Other assets due to the deceased: Grants from the Compensation Fund of the Law Society and Scottish Solicitors' Guarantee Fund
9. IHTM10159

   IHT400: Other assets due to the deceased: Property subject to a binding contract for sale
10. IHTM10160

    IHT400: Other assets due to the deceased: School composition fees
11. IHTM10161

    IHT400: Other assets due to the deceased: Council Tax rebanding

IHT400: Certificates of Tax Deposit

1. IHTM10251

   IHT400: Certificates of Tax Deposit: Introduction
2. IHTM10252

   IHT400: Certificates of Tax Deposit: Calculating interest
3. IHTM10253

   IHT400: Certificates of Tax Deposit: Valuing for IHT purposes

IHT400: Compensation payments

1. IHTM10260

   IHT400: Compensation Payments: General
2. IHTM10261

   IHT400: Compensation payments: Compensation for discrimination
3. IHTM10262

   IHT400: Compensation payments: Compensation for Holocaust victims
4. IHTM10263

   IHT400: Compensation payments: Compensation for personal injuries on death
5. IHTM10264

   IHT400: Compensation payments: Compensation payments under the Law Reform (Miscellaneous Provisions) Act 1934
6. IHTM10265

   IHT400: Compensation payments: Compensation under the Fatal Accidents and National Insurance (Industrial Injuries) Acts
7. IHTM10266

   IHT400: Compensation payments: Ex gratia payments for Tort committed by a member of the Armed Forces of the Crown or the United States' Forces
8. IHTM10267

   IHT400: Compensation payments: Ex gratia compensation payments made by the Criminal Injuries Compensation Authority
9. IHTM10268

   IHT400: Compensation payments: Payments under Damages (Scotland) Act 1976
10. IHTM10269

    IHT400: Compensation payments: Compensation for industrial injuries to coal miners
11. IHTM10270

    IHT400: Compensation payments: Compensation payments under the NHS Health Care Scheme
12. IHTM10271

    IHT400: Compensation payments: Equitable Life Compensation Payments
13. IHTM10272

    IHT400: Compensation Payments: Payment Protection Insurance (PPI)
14. IHTM10280

    IHT400: Compensation payments: Statutory Compensation Scheme Payments
15. IHTM10281

    IHT400: Compensation payments: Windrush Compensation Scheme
16. IHTM10282

    IHT400: Compensation Payments: The Troubles Permanent Disablement Payment Scheme
17. IHTM10283

    IHT400: Compensation Payments: Post Office Horizon Compensation Schemes
18. IHTM10284

    IHT400: Compensation Payments: Infected Blood Interim Compensation Payment Scheme (IBICPS)

IHT400: Legal rights (Scotland)

1. IHTM10300

   IHT400: Legal rights (Scotland): Introduction
2. IHTM10301

   IHT400: Legal rights (Scotland): Valuation under the general law
3. IHTM10302

   IHT400: Legal rights (Scotland): Valuing legal rights as an asset of the estate
4. IHTM10303

   IHT400: Legal rights (Scotland): Valuing legal rights as a debt of the estate
5. IHTM10304

   IHT400: Legal rights (Scotland): For IHT purposes
6. IHTM10305

   IHT400: Legal rights (Scotland): Interest on legal rights

IHT400: Share options

1. IHTM10351

   IHT400: Share options: What are share options?
2. IHTM10352

   IHT400: Share options: Pure share option schemes
3. IHTM10353

   IHT400: Share options: SAYE share option schemes

IHT400: Deductions from the estate

1. IHTM10361

   IHT400: Deductions from the estate: Introduction
2. IHTM10362

   IHT400: Deductions from the estate: Where to find instructions about specific types of debt
3. IHTM10365

   IHT400: Deductions from the estate: Mortgages and secured loans (box 80)

IHT400: Funeral expenses (box 81)

1. IHTM10371

   IHT400: Funeral expenses (box 81): Introduction and general approach
2. IHTM10372

   IHT400: Funeral expenses (box 81): Flowers
3. IHTM10373

   IHT400: Funeral expenses (box 81): Gravestones and memorials
4. IHTM10374

   IHT400: Funeral expenses (box 81): Memorial services
5. IHTM10375

   IHT400: Funeral expenses (box 81): Mourning expenses
6. IHTM10376

   IHT400: Funeral expenses (box 81): Overseas funerals of non-domiciled deceased
7. IHTM10377

   IHT400: Funeral expenses (box 81): Refreshments
8. IHTM10378

   IHT400: Funeral expenses (box 81): Transport and embalming costs
9. IHTM10379

   IHT400: Funeral expenses (box 81): Travelling and accommodation expenses

IHT400: Other deductions from the chargeable estate

1. IHTM10390

   IHT400: Other deductions from the chargeable estate: Dealing with deficits
2. IHTM10400

   IHT400: Other deductions from the chargeable estate: Exemptions and reliefs

IHT400: Checking the declaration (box 119)

1. IHTM10461

   IHT400: Checking the declaration (box 119): Grant of representation
2. IHTM10462

   IHT400: Checking the declaration (box 119): Supplementary Schedules
3. IHTM10463

   IHT400: Checking the declaration (box 119): Estimated values
4. IHTM10464

   IHT400: Checking the declaration (box 119): Personal representatives

IHT400: Reduced account

1. IHTM10471

   IHT400: Reduced account: Purpose
2. IHTM10472

   IHT400: Reduced account: Conditions
3. IHTM10473

   IHT400: Reduced account: What supplementary pages may be left out
4. IHTM10474

   IHT400: Reduced account: When may a value be estimated?
5. IHTM10475

   IHT400: Reduced account: Dealing with a reduced account
6. IHTM10476

   IHT400: Reduced account: Incorrect delivery of a reduced account
7. IHTM10477

   IHT400: Reduced account: Penalties for incorrect delivery of a reduced account
8. IHTM10478

   IHT400: Reduced account: Effect of instrument of variation
9. IHTM10479

   IHT400: Reduced account: Replacing estimated values of property now chargeable

IHT100 (2003 onwards)

1. IHTM10650

   IHT100 (2003 onwards): Introduction
2. IHTM10651

   IHT100 (2003 onwards): When to use IHT100
3. IHTM10652

   IHT100 (2003 onwards): When not to use IHT100
4. IHTM10653

   IHT100 (2003 onwards): Section A - About the Chargeable event
5. IHTM10654

   IHT100 (2003 onwards): Section B - About the transferor/settlement
6. IHTM10655

   IHT100 (2003 onwards): Section C - Person we should contact
7. IHTM10656

   IHT100 (2003 onwards): Section D - Supplementary pages
8. IHTM10657

   IHT100 (2003 onwards): Section E - Assets in the UK where tax may not be paid by instalments
9. IHTM10658

   IHT100 (2003 onwards): Section F - Assets in the UK where tax may be paid by instalments
10. IHTM10659

    IHT100 (2003 onwards): Section G - Summary of the chargeable event
11. IHTM10660

    IHT100 (2003 onwards): Section H - Working out the tax
12. IHTM10661

    IHT100 (2003 onwards): Section J - Authority for repayment of inheritance tax
13. IHTM10662

    IHT100 (2003 onwards): Section K - Declaration

IHT100 (2003 onwards): Event form

1. IHTM10665

   IHT100 (2003 onwards): Event form: IHT100a - Gifts and other transfers of value including failed potentially exempt transfers
2. IHTM10666

   IHT100 (2003 onwards): Event form: IHT100b - Ending of an interest in possession in settled property
3. IHTM10667

   IHT100 (2003 onwards): Event form: IHT100c - Assets in a discretionary trust ceasing to be relevant property (proportionate charge)
4. IHTM10668

   IHT100 (2003 onwards): Event form: IHT100d - Discretionary trust ten-year anniversary (principle charge)
5. IHTM10669

   IHT100 (2003 onwards): Event form: IHT100e - Assets ceasing to be held on special trusts (flat rate charge)
6. IHTM10670

   IHT100 (2003 onwards): Event form: IHT100f - Cessation of conditional exemption and disposal of trees or underwood (recapture charge)

IHT100 (2003 onwards): Investigating supplementary form

1. IHTM10685

   IHT100 (2003 onwards): Investigating supplementary form: D31 - Domicile outside the United Kingdom
2. IHTM10686

   IHT100 (2003 onwards): Investigating supplementary form: D32 - Stocks and shares
3. IHTM10687

   IHT100 (2003 onwards): Investigating supplementary form: D33 - Debts due to the settlement
4. IHTM10688

   IHT100 (2003 onwards): Investigating supplementary form: D34 - Insurance
5. IHTM10689

   IHT100 (2003 onwards): Investigating supplementary form: D35 - Household and personal goods
6. IHTM10690

   IHT100 (2003 onwards): Investigating supplementary form: D36 - Land and buildings - interests in land - trees or underwood
7. IHTM10691

   IHT100 (2003 onwards): Investigating supplementary form: D37 - Agricultural relief
8. IHTM10692

   IHT100 (2003 onwards): Investigating supplementary form: D38 - Business relief
9. IHTM10693

   IHT100 (2003 onwards): Investigating supplementary form: D39 - Foreign assets
10. IHTM10694

    IHT100 (2003 onwards): Investigating supplementary form: D40 - Other information

Corrective account (C4) England, Wales and Northern Ireland

1. IHTM10701

   Corrective account (C4) England, Wales and Northern Ireland: Introduction
2. IHTM10702

   Corrective account (C4) England, Wales and Northern Ireland: When is an account required (England, Wales and Northern Ireland)?
3. IHTM10703

   Corrective account (C4) England, Wales and Northern Ireland: Who should complete and sign the account?
4. IHTM10704

   Corrective account (C4) England, Wales and Northern Ireland: Page 1
5. IHTM10705

   Corrective account (C4) England, Wales and Northern Ireland: Pages 2 and 3
6. IHTM10706

   Corrective account (C4) England, Wales and Northern Ireland: Page 4

Corrective account C4(S) Scotland

1. IHTM10751

   Corrective account (C4) Scotland: When is an account required (Scotland)?
2. IHTM10752

   Corrective account (C4) Scotland: Who should complete and sign the account?
3. IHTM10753

   Corrective account (C4) Scotland: Page 1
4. IHTM10754

   Corrective account (C4) Scotland: Pages 2 and 3
5. IHTM10755

   Corrective account (C4) Scotland: Page 4
6. IHTM10756

   Corrective account (C4) Scotland: What to do when you receive a corrective account

Accountability

1. IHTM10801

   Accountability: Introduction
2. IHTM10802

   Accountability: What is to be included in an account?
3. IHTM10803

   Accountability: Time limits
4. IHTM10804

   Accountability: When is an account not required?
5. IHTM10805

   Accountability: Corrective accounts
6. IHTM10806

   Accountability: Telling us about amendments

Accountability: Transfers on death

1. IHTM10811

   Accountability: Transfers on death: General rule
2. IHTM10812

   Accountability: Transfers on death: 'Appropriate property'
3. IHTM10813

   Accountability: Transfers on death: Use of estimated values
4. IHTM10814

   Accountability: Transfers on death: No grant of representation or confirmation

Accountability: Lifetime transfers

1. IHTM10821

   Accountability: Lifetime transfers: Potentially exempt transfers (PETs)
2. IHTM10822

   Accountability: Lifetime transfers: Transfers that are chargeable when made
3. IHTM10823

   Accountability: Lifetime transfers: Excepted transfers
4. IHTM10824

   Accountability: Lifetime transfers: Gift with reservation (GWR)

Accountability: Settled property

1. IHTM10831

   Accountability: Settled property: General rules on accountability when there is a qualifying interest in possession
2. IHTM10832

   Accountability: Settled property: Transfers on death
3. IHTM10833

   Accountability: Settled property: Lifetime transfers
4. IHTM10834

   Accountability: Settled property: Excepted terminations
5. IHTM10835

   Accountability: Settled property: Discharge for an excepted termination
6. IHTM10836

   Accountability: Settled property: Relevant property settlements, including maintenance funds
7. IHTM10840

   Accountability: Recapture charges for heritage property and woodlands
8. IHTM10850

   Accountability: Instruments of variation