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IHT435

Bertie_Bear
Posts: 1 Newbie
If the estate (including property left to a child) is valued at £385,000 and so no inheritance tax is due, do I need to complete IHT400 and IHT435 or just IHT435?
0
Comments
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If you needed to complete IHT forms you would need to complete both but do you? Is there a predeceased spouse whose allowance can be transferred? This would give you up to £650k before needing any IHT forms.0
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For any IHT return IHT 400 always has to be completed. Which supplementary forms that need to be filled in depends on the assets held within the estate.0
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