IHTM42010 - Relevant property trusts: notification of chargeable event

IHT100

The taxpayer is required to report chargeable events to Capital Taxes on form IHT100.

Future Claims

Where we are aware of a continuing trust in an existing inheritance tax case, it should be recorded as a future case on ALF and brought out for review at the appropriate time. 

Offshore Trusts

New offshore trusts made by settlors domiciled in the UK have to be reported to HMRC (WMBC Assets) under IHTA84/S218 and recorded appropriately. (IHTM42604)