IHT400– Inheritance Tax account - Squarehost

1 IHT400 Page 1 HMRC Inheritance Tax accountIHT400 When to use this formFi in this form if the e ease ie on or after 18 Mar h 1 8 an there is Inheritan e Ta to a or there is no Inheritan e Ta to a ut the estate oes not ua if as an e e te estate The IHT400 Notes age 1 gi e etai s a out e e te estates Deadline ou must sen this form to us ithin 12 months of the ate of eath Interest i e a a e after si months The Inheritan e Ta IHT a ountThe a ount is ma e u of this form an se arate he u es ou i ha e to fi in some of the he u es To help you get started ather the e ease s a ers an the information ou ha e a out their estate Ma e a ist of their assets ia i ities in estments an other finan ia interests an an gifts ma e Fi in o es 1 to 28 then or through o es 2 to 48 of this form to i entif hi h he u es ou i nee If ou o not ha e them a o n oa them from or hone the he ine to re uest them Fi in the he u es efore mo ing on to om ete this form IHT referen e num erIf there is an ta to a ou i nee to a for an IHT referen e num er an a s i efore ou sen this form to us ou an a on ine at or fi in form IHT422 Application for an Inheritance Tax reference an sen it to us for a referen e at east t o ee s efore ou an to sen us this form Fi ing in this form se the IHT400 otes to he ou fi in this form Fi in the form in a or ue in Ma e fu en uiries so ou an sho that the figures ou gi e an the statements ou ma e are orre t If an instrument of ariation has een signe efore a ing for a grant fi in the form to sho the effe t of the Wi /intesta an instrument together see IHT400 Notes.

2 Ns er a the uestions an fi in the o es to he us ro ess our form He For more information or he or another o of this form out the deceased Deceased s nameTit e enter MR MR MI M or other tit e urnameFirst name s Date o death DD MM YYYY3 I T re erence num er i kno n See note at the top of this form4 as the deceased male or emale Ma e Fema e5 Deceased s date o irth DD MM YYYY here as the deceased domiciled at the date o death See IHT400 Notes for information about domicile. ng an an Wa es ot an orthern Ire an other ountr specif countr in box belo If the e ease as not omi i e in the fi in I T40 no an then the rest of this form hone our hel line on 0300 123 10 2 if alling from outsi e the hone 300 123 10 2 goto09/1409/14 Page 2I the deceased as domiciled in cotland at the date o deathDeceased s details as the legitim und een discharged in ull ollo ing the death See IHT400 Notes es o to box o lease pro ide a full explanation in the Additional information boxes pa es and 8 as the deceased marrie or in a i i artnershi sing e i o e or a sur i ing i i artner i or e or a former i i artner I the deceased as married or in a civil partnership at the time o their death on hat date did the marriage or registration o the civil partnership take place DD MM YYYY 0 ho

3 Survived the deceased Tic all that appl a s ouse or i i artner rothers or sisters arents hi ren num er gran hi ren num er Deceased s last kno n permanent address Post o eHouse num erRest of a ress in u ing house name or f at num er as the property in ox o ned or part o ned y the deceased or did the deceased have a right to live in the property Do not tic Yes to this uestion if the deceased as onl rentin the propert es o to box o i e details belo . or example deceased li ed ith dau hter or address as a nursin home 3 Deceased s occupation or ormer occupation i retired or example retired doctor 4 Deceased s ational Insurance num er i kno n 5 Deceased s Income Tax num er or ni ue Taxpayer e erence T i kno n Did anyone act under a po er o attorney granted y the deceased during their li etime This may have een a general enduring or lasting po er o attorney.

4 O es lease enclose a cop of the po er of attorne Page 3 ontact details o the person dealing ith the estateFor e am e a so i itor or e e utor Deceased s ill ame and address o the irm or person dealing ith the estate amePost o eHouse or ui ing num erRest of a ress in u ing house name or f at num er 8 ontact name if different from box hone num er 0 D num er and to n i used ontact s re erence ax num er 3 I e have to repay any overpaid Inheritance Tax e need to kno ho to make the che ue out to. Do you ant any che ue e send to e made out to the irm or person sho n at ox es o to box 4 o i e the name s here as ou ould li e them to appear on the che ue 4 Did the deceased leave a ill o o to box es o to box . lease enclose a cop of the ill and an codicils hen sendin us our account . If an instrument of ariation alters the amount of Inheritance Tax pa able on this estate please also send a cop 5 Is the address o the deceased as sho n in the ill the same as the deceased s last kno n permanent address at ox o o to box es o to box hat happened to the property given as the deceased s residence in the ill If the deceased sold the propert but used all the sale proceeds to bu another main residence for themsel es and this happened more than once there is no need to i e details of all the e ents.

5 Simpl sa that the residence as replaced b the current propert . In all other cases i e details of exactl hat happened to the propert and i e the date of the e ent s Page 4 Items re erred to in the ill ut not included in the estate n fi in o es 27 an 28 if the e ease eft a Wi If the i not go to o 2 hat makes up your Inheritance Tax account chedulesTo ma e a om ete a ount of the estate ou ma nee to om ete some se arate he u es ns er the fo o ing uestions ti ing the o or es o re you including on this orm all assets speci ically re erred to in the ill or example land buildin s personal possessions or s of art or shares o o to box es o to box 8 Items re erred to in the ill and not included on this orm. An ifts should be sho n on form IHT40 Items gi en a a as gifts so or is ose of efore the e ease s eathWho as the item gi en or so to or hat ha ene to it ate of gift sa e or is osa a ue of the item at the ate of gift sa e or is osa If the item as so hat i the e ease o ith the sa e ro ee s Trans er o unused nil rate and o ou ant to transfer an unuse ni rate an from the e ease s s ouse or i i artner ho ie efore them o es se he u e I T40 30 i ts and other trans ers o value i the e ease ma e an ifetime gifts or other transfers of a ue on or after 18 Mar h 1 8 See IHT400 Notes o es se he u e I T4033 ointly o ned assets i the e ease oint o n an assets other than usiness or artnershi assets ith an other erson s o es se he u e I T4043 ouses land uildings and interests in land i the e ease o n an houses an or ui ings or ha e

6 Rights o er an in the in their so e name o es se he u e I T40533 ank and uilding society accounts i the e ease ho an an or ui ing so iet a ounts in their so e name in u ing ash I s ationa a ings an Premium on s o es se he u e I T40 34 ousehold and personal goods i the e ease o n an househo goo s or ersona ossessions o es se he u e I T40 If the e ease i not o n an househo goo s or ersona ossessions or the o not ha e an a ue ease e ain the ir umstan es in the itiona information o es on ages 1 an 1 35 ousehold and personal goods donated to charity o the eo e ho inherit the e ease s househo goo s an ersona ossessions ant to onate some or a of them to a ua if ing harit an e u t harit e em tion from the a ue of the estate or example the ma ish to donate the deceased s furniture to a charit shop o es se he u e I T408 Page hat makes up your Inheritance Tax account chedules ontinue To ma e a om ete a ount of the estate ou ma nee to om ete se arate he u es ns er the fo o ing uestions ti ing the o or es o 3 ensions i the e ease ha e an ro ision for retirement other than the tate Pension or example a pension from an emplo er a personal pension polic or an alternati el secured pension o es se he u e I T40 3 i e assurance and annuities i the e ease a remiums on an ife assuran e o i ies annuities or other ro u ts hi h are a a e either to their estate to another erson or hi h ontinue after eath o es se he u e I T4 038 isted stocks and shares i the e ease o n an iste sto s an shares or sto s an shares I s e u ing ontro ho ings o es se he u e I T4 3 nlisted stocks and shares and control holdings i the e ease o n an un iste sto s an shares in u ing IM an F or an

7 Ontro ho ings of an iste shares o es se he u e I T4 40 usiness relie usiness and partnership interests and assets o ou ant to e u t usiness re ief from an usiness interests an assets o ne the e ease or a artnershi in hi h the ere a artner o es se he u e I T4 34 arms armhouses and armland o ou ant to e u t agri u tura re ief from an farmhouses farms or farm an o ne the e ease o es se he u e I T4 44 Interest in another estateWas the e ease entit e to re ei e an ega or assets from the estate of someone ho ie efore them an that the ha not re ei e efore the ie o es se he u e I T4 543 De ts due to the estateWas the e ease o e an mone a of ersona oans or mortgage at the ate of eath o es se he u e I T4 44 oreign assets i the e ease o n an assets outsi e the either in their so e name or oint ith others o es se he u e I T4 45 ssets held in trust i the e ease ha e an right to enefit from an assets he in trust in u ing the right to re ei e assets he in a trust at some future ate o es se he u e I T4 84 De ts o ed y the deceased o ou ish to in u e a e u tion from the estate for e ts an ia i ities of the fo o ing t es mone that as s ent on eha f of the e ease an hi h as not re ai oans ia i ities re ate to a ife assuran e o i here the sum assure i not e fu ref e te in the estate e ts that the e ease guarantee on eha f of another erson o es se he u e I T4 4 ational eritage assetsIs an asset a rea e em t or is e em tion no eing aime on the groun s of nationa s ientifi histori artisti s eni or ar hite tura interest r oes an su h asset enefit from an ro e Maintenan e Fun for the u ee an reser ation of ationa Heritage assets o es se he u e I T4

8 0If ou ans ere es to an of uestions 2 to 47 ease fi in the he u e for that asset The he u e num er is sho n at the en of ea h uestion 48 Do you have all o the chedules you need o them in efore ou go to o 4 es ill in the Schedules no before oin to box 4 o nloa the he ules hone us on0300 123 10 2 300 123 10 2fromoutsi e the When ou ha e all the he ules ounee fill Page state in the se this se tion to te us a out assets o ne the e ease in the ou shou in u e a assets o ne outright the e ease an the deceased s share of ointly o ned assets ou i nee to o figures from the he u es ou ha e fi e in n assets the e ease ha outsi e the shou e sho n on form IHT417 orei n assets an not in o es 4 to ointly o ned assets nter 0 in the o if the e ease i not o n an of the assets es ri e olumn olumn 4 ointly o ned assets form IHT404 box 50 ointly o ned assets form IHT404 box 0 ssets o ned outright y the deceased nter the a ue of the assets o ne outright the e ease in the amount o es atta he to ea h uestion nter 0 in the o if the e ease i not o n an of the assets es ri e 5 Deceased s residence except armhouses and ointly o ned houses orm I T405 ox.

9 Include the value o ointly o ned houses at ox 4 and armhouses at ox 8 instead 5 ank and uilding society accounts in the deceased s sole name orm I T40 ox 53 ash in coins or notes and uncashed traveller s che ues 54 remium onds and ational avings Investments products orm I T40 ox 5 55 ousehold and personal goods orm I T40 ox 5 ensions orm I T40 oxes and 5 . Include the value o any pensions arrears due at the date o death 5 i e assurance and mortgage protection policies orm I T4 0 ox 58 Total o all the igures in column oxes 50 to 5 5 Total o all the igures in column oxes 4 5 Page 7 state in the ontinue olumn olumn 0 opy the igure rom ox 58 opy the igure rom ox 5 overnment and municipal securities orm I T4 ox ut include dividends and interest at ox 4 3 isted stocks shares and investments that did not give the deceased control o the company orm I T4 ox 4 Dividends or interest on stocks shares and securities 5 Traded unlisted and unlisted shares except control holdings orm I T4 ox and ox Traded unlisted and unlisted shares except control holdings see I T4 otes aying tax y instalments ontrol holdings o unlisted traded unlisted and listed

10 Shares orm I T4 ox 3 ox 4 and ox 5 3 De ts due to the estate orm I T4 ox 3 total 4 Income Tax or apital ains Tax repayment 5 Trust income due to the deceased see IHT400 Notes ther assets and income due to the deceased enter details in the dditional in ormation oxes on pages 5 and o this orm i not given else here Total o all the igures in column oxes 0 t