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TonyTax, Tax Consultant
Category: Tax
Satisfied Customers: 15917
Experience:  Inc Tax, CGT, Corp Tax, IHT, VAT.
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As executor, I have paid all monies owed, and have collected

Customer Question

As executor, I have paid all monies owed, and have collected all the money owed to the estate. The value of the estate is below the inheritance tax threshold.
Am I required to submit accounts to HMRC?
Submitted: 1 year ago.
Category: Tax
Expert:  TonyTax replied 1 year ago.
Hi. If the estate is an "excepted estate", then all you need to complete for HMRC is a form IHT205. You can determine what is an excepted estate by reading the notes below: The IHT205 can be found here: I hope this helps but let me know if you have any further questions.

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