Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Understanding the inheritance tax accounts system

04 February 2020 / Simon McKie , Sharon McKie
Issue: 4730 / Categories: Comment & Analysis
A higher burden

Key points

  • Inheritance tax has its own administrative system not to be confused with the self-assessment system for income tax.
  • HMRC has the right ‘to demand payment of an amount’.
  • The Inland Revenue charge is imposed by IHTA 1984 s 237.
  • The duty to deliver an inheritance tax account can apply to various persons.
  • No limitation period applies if a loss of tax was deliberate.

Those who deal regularly with self-assessment returns and only occasionally with submitting inheritance tax accounts might easily assume that the self-assessment administrative system of returns enquiries information notices assessments limitation periods and appeals also applies in essence to this tax. It does not; inheritance tax has had its own administrative system ...

If you or your firm subscribes to, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.

back to top icon