HMRC updates forms IHT205, IHT217 and IHT207 and forms for Scottish estates

Article summary

HM Revenue & Customs (HMRC) has updated forms IHT205 and IHT217 to reflect changes to the excepted estates rules with effect from 1 January 2022. Forms IHT205 and IHT217 are no longer required to be submitted to HMRC for excepted estates where the deceased died on or after 1 January 2022. The required inheritance tax information can now be submitted to HM Courts & Tribunals Service (HMCTS) Probate by completing updated forms PA1P or PA1A or online via MyHMCTS. For deaths before 1 January 2022, forms IHT205 and IHT217 (as updated) should still be completed and submitted to HMRC for qualifying excepted estates. Form IH207, whilst still required for excepted estates where the deceased died domiciled outside the UK, has also been updated to clarify the residency requirements for foreign domiciliaries’ excepted estates with effect from 1 January 2022. The following forms for Scottish estates were also updated by HMRC:...