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Theres normally no Inheritance Tax to pay if either: the value of your estate is below the 325,000 threshold. you leave everything above the 325,000 threshold to your spouse, civil partner, a charity or a community amateur sports club.
For deaths on or before 31 December 2021 you can only make a claim to transfer the full unused threshold with form IHT217. If youre transferring less than the full unused threshold, youll no longer qualify as an excepted estate. You must make a full return of estate with form IHT400 and form IHT402.
You must complete the form IHT400, as part of the probate or confirmation process if theres Inheritance Tax to pay, or the deceaseds estate does not qualify as an excepted estate.
Use the IHT402 with form IHT400 to transfer any unused nil rate band from the deceased spouse or civil partner to the deceaseds estate. From: HM Revenue Customs Published 4 April 2014 Last updated 23 December 2022 See all updates. Get emails about this page.
Due to the new regulations, from 12 January 2022, an executor for an excepted estate where the death occurred on or after 1 January 2022, is no longer required to complete and return the IHT205 form (and IHT217 if applicable) to HM Courts Tribunal Service as part of the probate application.

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Use form IHT217 with form IHT205 (or C5 (2006) in Scotland) to claim a transfer of unused nil rate band if the estate is an excepted estate and the whole of the nil rate band is available to transfer.
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).
When to use this form. Fill in this form to tell us about the deceaseds household and personal goods. Do not include details of household or personal goods owned jointly. You should include details of jointly owned assets on form IHT404, Jointly owned assets and not on this form.

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