Get Uk Iht403 2020-2025

The UK IHT403 form is essential for reporting gifts made by the deceased that may impact inheritance tax calculations. This guide provides clear, step-by-step instructions for completing the form online.

Follow the steps to successfully complete the UK IHT403 form.

1. Press the ‘Get Form’ button to download the UK IHT403 form and open it in a digital environment.
2. Fill in the name of the deceased and the date of death in the designated fields. Ensure that the date is formatted as DD MM YYYY.
3. Provide the Inheritance Tax reference number if known, which helps to link the form to the correct estate.
4. Indicate whether the gifts reported were made within the 7 years before death. Answer 'Yes' or 'No' to the questions regarding the deceased’s benefits from trusts or settlements.
5. For each gift made, list the date, recipient, and a description of the gift. You will also need to indicate the value at the date of the gift and apply any exemptions as needed.
6. Continue filling out details on pages 2 through 7 for various types of gifts, such as those with a reservation of benefit or pre-owned assets, as applicable.
7. After entering all necessary details, review the information for accuracy and ensure all required fields are complete.
8. Once satisfied with the information, you can save changes to the form, download a copy for your records, print it, or share it as needed.

Complete the UK IHT403 form online today to ensure accurate reporting of the deceased's gifts.