What’s new
19 November
Update to IHT Manual
The guidance on the availability of business relief on holiday lettings has been updated to reflect our current thinking and practice.
17 November
New form IHT400 Inheritance Tax account is launched
The new form to replace the IHT200 Inheritance Tax account is available
today to order from the Probate and Inheritance Tax Helpline on 0845 302
0900 (select option 1).
19 August
IHT & Trusts Newsletter August 08
The August edition of the IHT & Trusts Customer Newsletter is now available
online.
Transfer of unused nil rate band - updated guidance
The frequently asked questions on transfer of unused nil rate bands has
been updated to clarify the position when Estate Duty or Capital Transfer
Tax rules applied to the first death.
18 August
Draft amendments to agricultural relief chapter
of Inheritance Tax Manual
We have made a number changes to the chapter of the IHT Manual covering
agricultural relief.
12 August
Excepted Estate limit (PDF 559K)
The excepted estates limit increased to £312,000 from 6 August 2008
for death after 5 April 2008. The form IHT205(2006) 'fill in on screen'
version has been updated to reflect this change.
9 July
A statement on the treatment of Northern Rock shares for the purposes of relief from inheritance tax when the company was taken into public ownership has been published.
This Brief gives details of an article: Capital Gains Tax and Income Tax: former shareholders in Northern Rock plc and members of employee share schemes.
20 June
Draft Guidance on transfers of unused nil rate bands has been published
Draft guidance on transfers of unused nil rate bands has been published. This guidance will be incorporated into the Inheritance Tax manual in due course.
11 June 2008
New amendments to the IHT Manual have recently been published.
01 May 2008
The clearances service has been extended for a trial period to business owners in relation to Inheritance tax business property relief and new guidance on IHT clearance for business owners has been published today
22 April 2008
IHT & Trusts Newsletter April
08
The April edition of the IHT & Trusts Customer Newsletter is now available
online.
15 April 2008
Guaranteed Annuity Calculator (PDF 104K)
The guaranteed annuity calculator has been updated to reflect the change
in basic rate income tax from 6/4/08.
18 December 2007
IHT & Trusts Newsletter December
2007
The December edition of the IHT & Trusts Customer Newsletter is now
available online.
13 November 2007
IHT216 (PDF161K)
The new form to claim a transfer of unused Inheritance Tax nil rate band
has been amended. The updated version is available to download.
30 October
Following the Chancellor’s Pre-budget report announcement about transferable nil rate bands between spouses and civil partners, we have published the nil rate band tables for Estate Duty, Capital Transfer Tax and Inheritance tax from 16 August 1914 to the present date.
9 October 2007
The Chancellor of the Exchequer announced in his Pre-Budget Report that for deaths on or after 9 October 2007 it will be possible for spouses and civil partners to transfer their unused inheritance tax nil rate band allowances.
- Transfer of unused nil rate bands - guidance and examples (updated 23 October 2007) (PDF 62K)
- Transfer of unused nil rate bands - Frequently Asked Questions (updated 23 October 2007) (PDF 62K)
17 September 2007
On 5 November 2007 we will be changing the process for making the initial payment of Inheritance Tax where the payment is made by cheque, or by the Direct Payment Scheme. More information on payments by cheque, or by the Direct Payment Scheme (PDF 37K)
