Improving the administration of Estates

Personal Representatives are often surprised by the length of time it takes to administrate an Estate. A new commitment by HMRC may help to speed the process a little …

UK: HMRC commits to firm deadlines for IHT400 compliance checks
Monday, 16 April, 2018

Personal representatives will, in future, be able to assume that their IHT400 estate returns do not need a compliance or valuation check, if they have not heard from HMRC within 12 weeks of receiving the corresponding IHT421 calculation.