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How to Claim the Residence Nil Rate Band (RNRB)? To claim the RNRB, the executor of the estate will need to complete the IHT400 form and the IHT421 form. The IHT400 form is used to calculate the amount of IHT due on the estate, and the IHT421 form is used to claim the RNRB.
When you have got a good idea about the assets that make up the estate, and their values, add up the figures. If the gross value of all the assets is less than 100,000, continue to fill in form IHT207. do not fill in form IHT207 - you will need to fill in form IHT400. How do I value all the assets?
The alternatively secured pension is only available from age 75 and is a form of Pension Fund Withdrawal. It was introduced as an option for those that object to purchasing an annuity due to religious beliefs.
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.
Completing a PAPER probate application form If theres a will, youll need to fill in form PA1P. If theres not a will, fill in form PA1A. You can do this yourself or you can call the probate and inheritance tax helpline on 0300 123 1072 or see HMRC for help completing the form.
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For most estates there is no tax to pay and you will only need to fill in form IHT205 to give brief details of the estate. If there is tax to pay, or if the affairs of the deceased do not meet certain conditions, you will have to provide a formal account of the estate by filling in form IHT400 and sending it to us.
An Unsecured Pension pays you an income while leaving the remainder of your pension fund invested for potential further growth, and: allows you to take control of how and when you receive your retirement income, so you can retire fully or semi-retire.
A Pension Scheme Tax Reference (PSTR) is the unique reference given to a scheme by HMRC when a scheme has been registered for tax relief and exemptions. It has 10 characters made up of 8 numbers followed by 2 letters. A schemes PSTR is the one that evidences its status as a registered pension scheme.

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