Help with letters of admin P1A1 form

poppystar

bikeman said:

Yes I know. My issue is with the IHT calculator

Yes, but if you have completed IHT400 and all the relevant schedules then you will have these figures on that and won’t have to use the calculator at all. The calculator is not for HMRC purposes just to help you see if IHT is due and you have already established that. As you say you know that the IHT return comes first have you done that already? Then you will have the figures when you later turn to completing the probate application. 

RAS

bikeman said:

Yes but I'm obviously using the wrong checker, because it's giving different results from the one Jon1970 posted above.

Can we just confirm the deceased situation, single or divorced, married or widowed, homeowner or previous homeowner, tenant or lodger?

mybestattempt

RAS said:

bikeman said:

Yes but I'm obviously using the wrong checker, because it's giving different results from the one Jon1970 posted above.

Can we just confirm the deceased situation, single or divorced, married or widowed, homeowner or previous homeowner, tenant or lodger?

 The OP has another thread giving more background:

https://forums.moneysavingexpert.com/discussion/6538820/letters-of-adminitration-process#latest

bikeman

poppystar said:

bikeman said:

Yes but I'm obviously using the wrong checker, because it's giving different results from the one Jon1970 posted above.

In what way do they seem to be different to you? They look identical - except of course for the amounts as you have put your values in. So can you explain the problem you see.

The estate values for probate are missing from the calculator I used.

RAS

I'm struggling to see how anyone with a £900k Estate does not own, or have recently owned property?

And please can you confirm that you haven't included any death in service benefits in the £900k?

bikeman

I never said she didn't have a property and no i havent included any death in service or pension benefits. I asked for help with completing one section of the PA1A form and I was pointed to a calculator that wasn't giving me the gross and net amounts for probate.

I cant be expected to give full background details that arent relevent every time I ask a question. If you want background details you can read them below but they really arent relevant to this question since I'm not asking anyone to do the calculation for me.

https://forums.moneysavingexpert.com/discussion/6538820/letters-of-adminitration-process#latest

mybestattempt

@bikeman

The calculator does not apply any RNRB which may be due.

https://www.gov.uk/hmrc-internal-manuals/inheritance-tax-manual/ihtm46003


I stand and am happy to be corrected but my understanding based on your (I'm assuming estimated) figures for your ex wife's estate is:

Gross value of estate  £973629 (including property to inherited by daughters)

Net value of estate      £967377

less NRB                      £325000     

less RNRB if due,
(maximum)                   £175000 

IHT due on                   £425377       

Perhaps this is what you were expecting/hoping to find from the calculator?

bikeman

No. I want to know how to fill in this section of the PA1A. 

mybestattempt

bikeman said:

No. I want to know how to fill in this section of the PA1A. 

I've looked at the form PA1A. 

If you go back to question 6.2 and look at note 6 you will see that because IHT is due you need to submit an IHT return to HMRC and pay the IHT due.

After that is done you then go to question 6.6, then finalise and
submit the PA1A.

As I see it you only complete 6.3 and 6.5 if you don't need make an IHT return to HMRC.