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What is IHT205? Read our quick guide.

Losing someone close is difficult. But on top of grieving, there are legal issues to deal with. One of those legal requirements is the IHT205. What Is An IHT205 Form? An IHT205 is a form that must be sent to the probate registry when there is no inheritance tax to pay on an estate. There's no Inheritance Tax to pay if the estate is worth less than £325,000 for an individual, or below £1,000,000 if the estate was left to a spouse, civil partner, or charity. This rule applies if the person passed away after 6th April 2011 and had [...]

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