Various refunds to estate

BlueJuly

Quick question on behalf of a dear friend.

He's got refunds for car insurance, breakdown cover, TV licence and broadband subscription. 

Where does he add/declare them for iht ?

Thanks.

Marcon

BlueJuly said:

Quick question on behalf of a dear friend.

He's got refunds for car insurance, breakdown cover, TV licence and broadband subscription. 

Where does he add/declare them for iht ?

Thanks.

He's got the refund personally, or the estate has got a refund and he's received the refund as executor?

Is IHT actually payable on the estate?

BlueJuly

IHT is definitely due on the estate. 
The refunds were sent as cheques in his name.  

Keep_pedalling

They would go down as debts owed to the estate, so schedule IHT416 will be required.

Spacie22

Currently ploughing through this myself. I think IHT416 is for formal loans. Things like refunds from utilities etc. go down in box 76 of IHT400. It's on page 49 of the Guide.

Keep_pedalling

Spacie22 said:

Currently ploughing through this myself. I think IHT416 is for formal loans. Things like refunds from utilities etc. go down in box 76 of IHT400. It's on page 49 of the Guide.

Yes, having just looked at IHT416 I have to agree with that.

BlueJuly

Thank you, I'll pass it on

BlueJuly

Was asking if the refund from Self Assessment (for the deceased) is also recorded in the same box. 
Is he correct?