IHT 205

pipmoss

I am in the process of obtaining letters of administration. My brother passed away in Sept 2024 single and with no children. He owned his own house and had a 5th share on a property in Switzerland now up for sale at chf145000.

Am I right in believing that I no longer require a IHT205 as these have been phased out ,?

Am I also correct in saying that I can do the application online where the HMRC send me a code if there is no inheritance tax to pay ?

The total of the estate including his home and part share of the Swiss property is £180000

This figure also includes some shares in an Australian bank.

Thanking you all in advance 

Keep_pedalling

Correct IHT 205 is no longer required, just the probate / LoA form.

pipmoss

Thanks a lot keep_pedalling, would that form be the PA1A  ?

Sorry for my ignorance 

Keep_pedalling

Yes that is the one. What are the plans for the share in the Swiss property?

pipmoss

It's quite complicated but as I understand it it is owned in Switzerland by just the 1 person. There is a Declaration of Trust which I believe was signed in the UK by the other owners.

Thanks again