Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Inheritance Tax Manual

From
HM Revenue & Customs
Updated
, see all updates

IHT400: Estate in the UK, assets owned outright by the deceased (pages 6 and 7)

 

Pages 6 and 7 give details of all the UK assets in the deceased’s estate. The assets are broken down into a number of different categories. These categories are the same as those used to input and amend details of the estate on COMPASS (IHTM31101). They are listed below along with the relevant box number on the IHT400. You can use the links to find out how you should investigate the information included in each of these boxes.

 

Assets

  • Jointly owned assets (boxes 49 and 50) (IHTM15001)
  • Deceased’s residence (box 51)(IHTM10060)
  • Bank and building society accounts (box 52)(IHTM10070)
  • Cash and uncashed traveller’s cheques (box 53) (IHTM10061)
  • Premium Bonds and National Savings and Investments products (box 54)(IHTM10081 and IHTM10091)
  • Household and personal goods (box 55)(IHTM10062)
  • Pensions (box 56)(IHTM10063)
  • Life assurance and mortgage protection policies (box 57) (IHTM20000)UK Government and municipal securities (box 62) (IHTM18094)
  • Listed stocks and shares that did not give the deceased control of the company (box 63)(IHTM18061)
  • Dividends or interest on stocks, shares and securities (box 64))
  • Unlisted and traded unlisted stocks and shares, except control holdings (boxes 65 and 66).(IHTM18131)
  • Control holdings of unlisted, traded unlisted and listed stocks and shares (box 67) (IHTM10101)
  • Farms, farmhouses and farmland (box 68)(IHTM10102)
  • Businesses including farm businesses, business assets and timber (box 69)(IHTM10103)
  • Other land, buildings and rights over land (box 70)(IHTM10104)
  • Interest in another estate (boxes 71 and 72) (IHTM10105)
  • Debts due to the estate (box 73)(IHTM19000)
  • Income Tax or Capital Gains Tax repayment (box 74)(IHTM10107)
  • Trust income due to the deceased (box 75) (IHTM10108)
  • Other assets and income due to the deceased (box 76)(IHTM10110)