What is HMRC Form IHT400? | A Comprehensive Guide

Dealing with the estate of a deceased person is a complex and often emotional process. One of the key aspects of this process in the UK is understanding and filling out the HMRC Form IHT400. This form is crucial for reporting the value of the estate to HM Revenue and

What is HMRC Form IHT400? | A Comprehensive Guide

Dealing with the estate of a deceased person is a complex and often emotional process. One of the key aspects of this process in the UK is understanding and filling out the HMRC Form IHT400. This form is crucial for reporting the value of the estate to HM Revenue and Customs (HMRC) and determining if any Inheritance Tax is due. In this three-part article, we will delve deep into what the HMRC Form IHT400 is, why it's important, and how to properly complete it.