IHT400 Notes : Guide to completing your Inheritance Tax account

Applying for a grant in England and Wales – without the help of a solicitor and
you want us to work out the tax for you
If using the IHT Direct Payment Scheme (DPS) find out whether the deceased's bank and/or building society
are part of the scheme and if so make sure you have complied with their requirements.
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IHT400 Notes
If using the DPS do not fill in
the parts of the Schedule
IHT423 that refer to HMRC IHT
reference and the amount of
money to be transferred at
this stage.
We will send you a calculation
showing you the amount you
need to pay.
If using the DPS fill in the HMRC
IHT reference and the amount to
be transferred on Schedule
IHT423 and send the schedule
to the bank or building society.
If not using the DPS or the
money to be transferred does not
cover all the tax, send the
payment for the balance to the
address on page 63 of this guide.
When we have received
payment/notification of
payment from the bank.
Guide to completing your Inheritance Tax account
Fill in the form IHT400 and Schedule IHT421 (if
using the DPS please read the notes on the DPS
on page 54 of this booklet).
Send form IHT400, all the schedules you have
filled in including Schedule IHT421 and any
documents that we have asked for to HMRC
Trusts and Estates in Nottingham. (If using the
DPS hold on to the Schedule IHT423.)
At the same time send form PA1 with the other
papers (see booklet PA2) necessary to apply for a
grant to the Probate Registry.
If there is tax to pay. If there is no tax to pay.
We will fill in our part of Schedule IHT421 and
return it direct to the Probate Registry you have
indicated on Schedule IHT421.
The Probate Registry will issue the grant within
10 working days of your interview provided they
have received Schedule IHT421.