Get Ih206 Notes

You must complete the form IHT400, as part of the probate or confirmation process if there's Inheritance Tax to pay, or the deceased's estate does not qualify as an 'excepted estate'.

Form IHT402 (Claim to transfer unused Nil Rate Band) Form IHT217 above can only be used where 100% of the estate on the first death passed to the surviving spouse/civil partner. Form IHT402 is used when some of the allowance has been used on the first death (e.g. some funds passed to children or other beneficiaries).

Details. Claim for excepted estates to transfer unused Inheritance Tax nil rate band from a late spouse or civil partner to the second spouse or civil partner who has now died.

You'll need to use the print and post form (IHT205) if the person died on or after 6 April 2011, and on or before 31 December 2021, and the estate is unlikely to pay Inheritance Tax. If the person died on or before 6 April 2011 you'll need to read Inheritance Tax forms and notes for deaths before 6 April 2011.

If Inheritance Tax is due or full details are needed. You must report the value of the estate to HM Revenue and Customs ( HMRC ) by completing form IHT400. You must submit the form within 12 months of the person dying. You may have to pay a penalty if you miss the deadline.

Changes to Inheritance Tax Returns On 1 January 2022, there was a regulation amendment that changed the way in which Inheritance Tax (IHT) was reported. Prior to the change, you needed to submit an IHT return by way of form IHT205 (and sometimes IHT217) to HMRC as part of the application process.

For deaths occurring after the 1st January 2022 you will no longer be required to complete an IHT205 or C5 (Scotland) for excepted estates in the UK, an updated PA1 or C1 form will be the only form required to receive a grant of probate or certificate of confirmation.

IHT 207 – This form is only used when the deceased had their permanent home abroad and their assets in the UK consisted of cash, or quoted stocks and shares only, the gross value of which was less than £150,000. IHT208 – This is a booklet that will guide you through the IHT 207 application.