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HMRC internal manual

Inheritance Tax Manual

From
HM Revenue & Customs
Updated
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Investigating the assets on page 7: Businesses, including farm businesses and timber (box 69)

Box 69 in the IHT400 should include the value of

Details of the assets should also be included on form IHT413.

If the deceased was an insurance underwriter with Lloyds the net value of the deceased’s assets with Lloyds, usually stocks and shares, should be included as a business interest in box 69. The values should not be included elsewhere in the IHT400.