Probate – IHT400 Schedules

Updated Apr 16th, 2021

This Workflow is to be used to complete the schedule forms.  Through the use of custom questionnaires, data will be saved and input into each schedule form as necessary.  This information is then used in the IHT400 Workflow, to populate the calculations within the IHT400 Form.

Task 1 IHT401 – Domicile outside the United Kingdom

Allocate a Custom Questionnaire

Enter details regarding the IHT401 Box 1-6. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

Deceased’s Residency for Tax Purposes

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT401 Box 7-24 and complete schedule. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 2 IHT402 – Claim to transfer unused nil rate band

Allocate a Custom Questionnaire

Enter details regarding the IHT402 Box 1-11. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

Spouse or civil partner’s estate
Fill in this section with details of the estate of the spouse or civil partner who died first. Enter the value of the assets at their death after deduction of exemptions or reliefs. This value may be nil

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT402 Box 13-20. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

List any exemptions or reliefs, other than spouse or civil partner exemption, take into account in

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT402 Box 22-23 and Schedule complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 3 IHT403 – Gifts and other transfers of value

Allocate a Custom Questionnaire

Enter details regarding the IHT403 Box 1-6 and Q1. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

Provide details of the people we should contact about the tax due on any lifetime gifts in the boxes in the next task

Edit Multi-record dossier X2

Allocate a Custom Questionnaire

Enter details regarding the IHT403 Box 8-11. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT403 – Pre-owned assets(POA). This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT403 Box 18. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT403 Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 4 IHT404 – Jointly owned assets

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Jointly owned assets
This page should only contain details of jointly owned:
• houses, buildings and land
• shares and securities which gave the deceased control of the company.

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Liabilities for the jointly owned assets shown in box 1
Give details of any mortgages or loans secured against the jointly owned assets shown in box 1. If there are none, write ‘0’ in box 2.
Do not enter household bills here. Give details of joint household bills in box 7 on page 5 of this form instead.

Edit Multi-record dossier

Display a message to the user

Exemptions and reliefs for the jointly owned assets shown in box 1
Give details of any exemptions or reliefs claimed on the jointly owned assets shown in box 1. If there are none, write `0′ in box 4.
Do not include discount for jointly owned assets here. See `How to value jointly owned assets’ on page 1 of the IHT404

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Other jointly owned assets
Give details of other jointly owned assets which were not listed in box 1, for example, bank accounts, household and personal goods.

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Display a message to the user

Liabilities for the other jointly owned assets shown in box 6
Give details of any liabilities to be deducted from the other jointly owned assets shown in box 6.

Edit Multi-record dossier

Display a message to the user

Exemptions and reliefs for the jointly owned assets shown in box 6
Give details of any exemptions or reliefs claimed on the jointly owned assets shown in box 6. Do not include discount for jointly owned assets here. See ‘How to value jointly owned assets’ on page 1 of IHT404.

Allocate a Custom Questionnaire

Enter details regarding the IHT404. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

Exemptions and reliefs for the jointly owned assets shown in box 6

Edit Multi-record dossier X2

Allocate a Custom Questionnaire

Enter details regarding the IHT404 Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 5 IHT405 – Houses, land, buildings and interests in land

Allocate a Custom Questionnaire

Enter details regarding the IHT405 Boxes 1-6. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

Deceased Residents to be completed in the next task.

Edit Multi-record dossier

Display a message to the user

Other land, buildings and rights over land – For rights over land (such as fishing or mineral rights) give details of those rights, as well as details of the land

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT405 Boxes 9. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Display a message to the user

Enclose a copy of the survey or structural engineer’s report, or planning approval notice if appropriate

Allocate a Custom Questionnaire

Enter details regarding the IHT405 Boxes 10-12. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

Attach copies of any correspondence you have had with the insurers or loss adjusters

Allocate a Custom Questionnaire

Enter details regarding the IHT405 Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 6 IHT406 – Bank and Building Society accounts and National Savings & Investments

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The next action will contain bank and building society account details for sole accounts only, including cash ISAs. Give details of joint accounts on form IHT404, ‘Jointly owned assets’. List National Savings Accounts at box 2.

Edit Multi-record dossier X4

Allocate a Custom Questionnaire

Enter details regarding the IHT406 Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 7 IHT407 – Household and personal goods

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The next action will contain jewellery – Please enter details of any individual items of jewellery valued at £1,500 or more in the box below. If you have a professional valuation, enclose a copy.

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The next action will contain: vehicles, boats and aircraft – Please enter details of: – Cars, including vintage and classic – Motorcycles and other vehicles – Boats – Aircraft If you have a professional valuation, enclose a copy.

Edit Multi-record dossier

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The next action will contain antiques, works of art or collections – Enter details of any antiques, works of art or collections. For example, antique furniture, paintings, sculptures and porcelain, collections of books, stamps, coins, medals and wines. If you have a professional valuation, enclose a copy.

Edit Multi-record dossier

Display a message to the user

The next action will contain other household and personal goods – Enter the total value of all other household and personal goods not already listed in boxes 1, 2 or 3. For example, items of jewellery valued at less than £1,500, furniture and other domestic items. You do not need to list these items here.

Allocate a Custom Questionnaire

Enter details regarding the IHT406 Boxes 4-5. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

include a copy of the policy (and schedule, if appropriate)

Allocate a Custom Questionnaire

Enter details regarding the IHT407 Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 8 IHT408

Allocate a Custom Questionnaire

Enter details regarding the IHT408 Boxes 1-9. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

Schedule of items – Describe any specific items given to charity. For example, dining table and 4 chairs. Otherwise, you may include a more general description, for example, clothing, kitchen implements, boxes of ornaments.

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT408 Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 9 IHT409 – Pensions

Allocate a Custom Questionnaire

Enter details regarding the IHT409 Box 1-41 and Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 10 IHT410

Allocate a Custom Questionnaire

Enter details regarding the IHT410 Box 1. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT410 Box 3. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

Give details of the policy and its value on form IHT404. ‘Jointly owned assets’ and not on this form

Allocate a Custom Questionnaire

Enter details regarding the IHT410 Box 4. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT410 Box 7. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT410 Box 9-10. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT410 Box 12. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

Provide details on form IHT403, ‘Gift and other transfers of value’

Allocate a Custom Questionnaire

Enter details regarding the IHT410 Box 13. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

Provide a copy of the policy schedule and provisions

Allocate a Custom Questionnaire

Enter details regarding the IHT410 Box 14 and Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 11 IHT411 – Listed Stocks and Shares

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List here any UK Government securities that the deceased held. For example, Treasury Stock, Exchquer Stock, War Loan and any other stock held on the Bank of England register. Also include any municipal securities, mortgages, debentures and stock held in countries, cities and towns, docks, harbours and water boards. Any Northern Ireland municipal stock should also be listed here.

Edit Multi-record dossier

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List here any holdings of stocks, shares, debentures or other securities that are listed on the Stock Exchange Daily Official List.
Include any:
– Personal Equity Plans (PEPs) (include a figure for any uninvested cash)
– shares held in an Individual Savings Account (ISA), (include a figure for any uninvested cash but not for any other cash or insurance policies)
– unit trusts (give the full name, for example, Axa Equity and Law Unit Trust Managers, Pacific Basin Trust Accumulation Units)
– investment trusts
– holdings in Open-Ended Investment Companies (OEICs)
– foreign shares, but only if they are listed on the London Stock Exchange. If the deceased owned any of these types of shares that gave them control of the company you should list them at box 4 on Schedule IHT412, ‘Unlisted stocks, shares and control holdings’, instead of here. This will be extremely rare.

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT411 Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 12 IHT412 – Unlisted Stocks and Shares and Control Holdings

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Traded unlisted stocks and shares that did not give the deceased control of the company

Edit Multi-record dossier

Display a message to the user

Unlisted stocks, shares and investments that did not give the deceased control of the company

Edit Multi-record dossier

Display a message to the user

Unlisted stocks, shares and investments that gave the deceased control of the company

Edit Multi-record dossier

Display a message to the user

Traded unlisted stocks, shares and investments that gave the deceased control of the company

Edit Multi-record dossier

Display a message to the user

Listed stocks, shares and investments that gave the deceased control of the company

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT412 Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 13 IHT413 – Business and Partnership Interests and Assets

Allocate a Custom Questionnaire

Enter details regarding the IHT413 Box 1-4. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT413 Box 6-17. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT413 Box 19-24 and Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 14 IHT414 – Agricultural Relief

Allocate a Custom Questionnaire

Enter details regarding the IHT414 Box 1-20 and Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 15 IHT415 – Interest in another Estate

Allocate a Custom Questionnaire

Enter details regarding the IHT415 Box 1-6. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

Give full details of the deceased’s entitlement in boxes 7 and 9. If the deceased was entitled to a legacy of specific assets, describe the assets and give their values at the date the deceased died.
If the deceased was entitled to the remainder of the estate (the residue):
– give details of the assets and liabilities of the estate that the personal representatives of the person who died earlier held at the date the deceased died, including any legacies or other payments still to be made
– give the value of these assets at the deceased’s date of death (in the same way as you value the deceased’s own assets)
– deduct any legacies to other people that have still to be paid
– show how you’ve arrived at the net value and write it in the box provided.
– If you’re unable to obtain such details before you’re ready to apply for a grant, give as much information as you can and include an estimate for the value.

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The deceased’s entitlement to:
– houses, land and buildings
– an interest in a business
– shares or securities that gave the deceased control of the company.
– List any debts or liabilities due on these assets in this box

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT415 Box 8. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

All other assets to which the deceased was entitled, which aren’t shown in box 7. List any debts or liabilities due on the other assets in this box

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT415 Box 10 and Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 16 IHT416 – Debts due to the estate

Allocate a Custom Questionnaire

Enter details regarding the IHT416 Box 1-9 and Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 17 IHT417 – Foreign assets

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Assets outside the UK – Enter details of assets consisting of:
– houses, land and buildings
– businesses or interests in businesses
– shares and securities which gave the deceased control of the company.

Edit Multi-record dossier

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Details of liabilities to be deducted from the foreign assets shown in box 1. If a loan charged on a property shown in box 1 arose in the UK, include the amount on form IHT400, box 80, and not here

Edit Multi-record dossier

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Details of exemptions and reliefs being deducted against foreign assets shown in box 1

Edit Multi-record dossier

Display a message to the user

Other assets outside the UK – Enter details of the other assets owned by the deceased outside the UK which were not shown in box 1.For example, bank accounts.

Edit Multi-record dossier

Display a message to the user

Details of liabilities to be deducted from the foreign assets shown in box 6

Edit Multi-record dossier

Display a message to the user

Details of exemptions and reliefs being deducted against foreign assets shown in box 6

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT417 Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 18 IHT418 – Assets Held in Trust

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Deceased’s interest in possession – Please read the IHT400 Notes about the definitions of an ‘interest in possession’ and the types of interests listed below, before completing this section.

Allocate a Custom Questionnaire

Enter details regarding the IHT418 Box 1-7. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

Assets in the trust – This page should only contain details of assets in trust consisting of:
– houses, land and buildings
– businesses or interests in businesses, and
– shares and securities which gave the deceased control of the company.

Details of the assets in trust

Edit Multi-record dossier

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Mortgages, secured loans and other debts payable out of the assets shown in box 8

Edit Multi-record dossier

Display a message to the user

Details of exemptions and reliefs to be deducted from the trust assets listed in box 8 (for example, business relief)

Edit Multi-record dossier

Display a message to the user

Other assets in the trust – This page should contain details of all the other assets in the trust not listed in box 8. For example, bank accounts and quoted shares, where the deceased did not have control of the company. Details of all the other assets in the trust

Edit Multi-record dossier

Display a message to the user

Details of liabilities to be deducted from assets listed in box 13

Edit Multi-record dossier

Display a message to the user

Details of exemptions and reliefs to be deducted from the trust assets listed in box 13 (for example, charity exemption)

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT418 Box 19-23 and Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 19 IHT419 – Debts owed by the deceased

Allocate a Custom Questionnaire

Enter details regarding the IHT419 Box 1. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT419 Box 2. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT419 Box 3. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT419 Box 4. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT419 Box 5. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier X2

Allocate a Custom Questionnaire

Enter details regarding the IHT419 Box 6 and Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 20 IHT420 – National Heritage assets Conditional exemption and maintenance funds

Display a message to the user

Enter details of the assets in the deceased’s estate for which you are claiming conditional or maintenance fund exemption

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT420 Box 2. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT420 Box 3-4. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT420 Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 21 IHT430 – Reduced rate of inheritance Tax

Allocate a Custom Questionnaire

Enter details regarding the IHT430 – Elections. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

All the appropriate persons for the affected component must sign the declaration.

Display a message to the user

All the appropriate persons for the components of the estate being merged must sign the declaration

Allocate a Custom Questionnaire

Enter details regarding the IHT430 Box 1-28. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT430 Schedules Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 22 IHT435 – Claim for residence nil rate band (RNRB)

Allocate a Custom Questionnaire

Enter details regarding the IHT435 Box 1-7. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT435 Box 9-21. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Edit Multi-record dossier

Allocate a Custom Questionnaire

Enter details regarding the IHT435 Box 23-24. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Display a message to the user

Please state the name(s) of these direct descendants and their relationship to the deceased.

Allocate a Custom Questionnaire

Enter details regarding the IHT435 Box 25 and Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 23 IHT436 – Claim Transfer any unused residence nil rate band

Allocate a Custom Questionnaire

Enter details regarding the IHT436 Box 1-22 and Schedule Complete. This information is used to pre-populate letters and fields
Please see form Generated in IHT400 Schedules

Task 24 Generate IHT400 Schedules

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