IHT Form IHT205

sgx2000

9.2
Deceased left £25,000 
In a joint account with exwife.  Bank have already transfered account to her.
Do I enter joint account £25,000 then enter 12,500 in box 9.1?
How much detail do they want?  Or do thay just need to know that there was an account and the totals?

11.1
how much detail do you have to give
Deceased left 3 banks accounts...
Do I just add the accounts and show the total?
Or
Do I have to list 3 accounts and amount in each?

Surely I dont have to give account numbers etc!!!

sgx2000

Sorry had to edit the original post....(just didnt make sense)..lol

Yazmina

Which form are you filling in? 

sgx2000

IHT205 Inheritance tax

sgx2000

Anyone else filled this in??

question 9.2
for the joint account... 

All ready to fill this in.  Just a little unsure about the level of detail...

Yazmina

I'd call the helpline. The number is on gov.uk.

SeniorSam

Do not need IHT205 since January 2022. Instead, just fill in PA1P and its all you need. Send it with the original Will and any Codicil, Death certificate and that's it If you send the IHT 205 it will just delay matters and come back to you.

buddy9

SeniorSam said:

Do not need IHT205 since January 2022. Instead, just fill in PA1P and its all you need. Send it with the original Will and any Codicil, Death certificate and that's it If you send the IHT 205 it will just delay matters and come back to you.

IHT205 is stil needed if the death was before 1 January 2022

sgx2000

SeniorSam said:

Do not need IHT205 since January 2022. Instead, just fill in PA1P and its all you need. Send it with the original Will and any Codicil, Death certificate and that's it If you send the IHT 205 it will just delay matters and come back to you.

He died just on christmas day 6 days before the new changes....

sgx2000

I completed IHT and Probate online last night...
About 20 Minutes..
Online was so much easier.

SeniorSam

Well done.