HMRC internal manual

Inheritance Tax Manual

IHTM17374 - Pensions: alternatively secured pension (ASP) between 6 April 2006 and 5 April 2007: accounts to be delivered where no charge arises on the scheme member’s death

Where no charge arises on the scheme member’s death the scheme administrators will deliver a form IHT105 giving brief details of those who inherit the left over pension funds. Upon receipt of this form where no file already exists, file creation will create a record for a non-liable estate and then retain the papers pending delivery of the IHT400 from the personal representatives. In the event the IHT400 is not received within 12 months of death the file should be referred to Compliance Group to pursue delivery of an account.

When the IHT400 is delivered the papers should be connected to each other and the case dealt with in the normal way.