PGµç×Ó

When you should complete this formÌý

You should use this form to tell us about a gift or other transfer of value where Inheritance Tax is payable immediately.Ìý

You should use a separate form for each chargeable event. Ìý

Do not use this form to tell us about any gifts given within the 7 year period before a person’s death that qualified as potentially exempt transfers. These are usually gifts from one individual to another. These gifts need to be reported by the personal representative using form IHT403 instead.Ìý Ìý

Before you startÌýÌý

Make sure you have read all the relevant notes before you start completing the form.ÌýÌý

Some types of assets could be included in more than one section of the form, such as stocks and shares, so make sure you put them in the right section. Do not include the same asset in more than one section.  Ìý

You do not need to send us copies of documents (for example, a letter from a bank with the balance in an account, or evidence of liabilities) unless we specifically ask you to do so.ÌýÌý

You must keep all documents that you have used to fill in the form as we may ask you for some or all of them later. Ìý

Section A: about the transferorÌý

You must include the name and personal details of the transferor.ÌýÌý

You should check the Introduction to domicile — Manual IHTM13000 or deemed domicile rules for Inheritance Tax if :

• you’re not sure if the transferor was domiciled or deemed to be domiciled in the UK
• the transfer was before 6 April 2025

Section B: details of the person or business dealing with this eventÌýÌýÌý

You should include the name and personal details of the person dealing with the chargeable event.ÌýÌý

If you’re filling in the form without the help of a solicitor or accountant and want HMRC to write to you but someone else to deal with telephone calls, you should include separate written authority when you send the form to us.  Ìý

Section C: about the gift or transferÌý

You should include details about the gift or transfer, including if:Ìý

• the transferor received anything in returnÌý

• the transfer related to any other transactions or agreementsÌý

You must also tell us if the transferor, their spouse or civil partner kept any:ÌýÌý

• share of or interest in the land or buildingsÌýÌý

• retained any land next to the land or buildingsÌýÌý

• shares in the companyÌý

If the transferor received any consideration in return for the transfer being made, the value of the transfer is reduced by that amount. You should carry forward any value in box C3 to boxes F1 and F2.ÌýÌý

Section D: details of the schedule pagesÌý

You may need to fill in more sections, known as ‘schedules’, if you’re telling HMRC about any of the following.

The transferor is domiciled outside the UKÌý

You should fill in schedule D31 if the transferor was not a long-term UK resident.

Find out more information about the deemed domicile rules for Inheritance Tax.ÌýÌý

If stocks and shares were includedÌý

You should fill in schedule D32 if the assets include any stocks and shares.ÌýÌý

If any debts were owed to the transferorÌý

You should fill in schedule D33 if there was any money on loan to the transferor that had not been repaid at the date of the chargeable event.ÌýÌý

If any insurance policies were includedÌý

You should fill in schedule D34 if any insurance policies are included in the event.ÌýÌý

If household and personal goods were includedÌý

You should fill in schedule D35 if the assets include any household and personal goods.ÌýÌýÌý

If land and buildings were includedÌý

You should fill in schedule D36 if the assets include land, buildings, trees or underwood in the UK.ÌýÌý

If you’re claiming Agricultural ReliefÌý

You should fill in schedule D37 if you’re deducting relief for agricultural property.ÌýÌý

If you’re claiming Business ReliefÌý

You should fill in schedule D38 if you’re deducting Business Relief.Ìý

If foreign assets are includedÌý

You should fill in schedule D39 if any of the assets are outside of the UK.ÌýÌýÌý

Section E: assets in the UK chargeable to tax as part of this transferÌý

You must fill in section E with details of all the assets that were gifted or transferred.Ìý

You must value all assets as if each item had been sold on the date of the chargeable event. This is called the ‘open market value’.ÌýÌýÌý

Round the value of assets and liabilities down to the nearest £1. Tax should be shown to the nearest penny.ÌýÌýÌý

Each box must show the total of each type of asset. For example, box E2 should show the total of all bank and building society accounts.ÌýÌý

Assets where tax can be paid by instalmentsÌý

Assets included under column B can be paid in annual instalments over 10 years.ÌýÌýÌý

Find out more about assets that can be paid in instalments. Ìý

You usually have to pay interest on instalments, but there are some assets which qualify for interest relief — Manual IHT30363. These instalments are only interest-free if the instalment is paid on or before the due date.ÌýÌýÌýÌý

E1 Houses, buildings and landÌý

You must include here all freehold, leasehold, heritable and other immovable property in the UK which is included in the transfer. Do not include farmhouses and farmland.ÌýÌý

If you have a professional valuation, attach a copy with this form.ÌýÌý

You will need to fill in schedule D36 giving details of each item of land.Ìý

E2 Bank, building society and other financial accountsÌý

You must include all accounts with a:Ìý

• ²ú²¹²Ô°ìÌý

• building societyÌý

• mutual, friendly or co-operative societyÌýÌý

• ²õ³Ü±è±ð°ù³¾²¹°ù°ì±ð³Ù²õÌý

• insurance companyÌý

List each account or investment separately in the ‘Additional information’ section. If you have separate figures for capital and interest, show these separately.ÌýÌýÌý

E3 CashÌý

This includes any cheques made out to the transferee.ÌýÌý

E4 Premium Bonds and National Savings and Investments (NS&I) productsÌý

List each account or investment separately in the ‘Additional information’ section. If you have separate figures for capital and interest, show these separately.ÌýÌý

if you do not know the value at the date of transfer. 

E5 Household goods and personal goodsÌý

You should include all goods included in the transfer. For example, china, clothes, jewellery and cars. You also need to fill in schedule D35.ÌýÌý

E6 Life assurance, pensions and mortgage protection policiesÌý

Tell us about any pensions and policies included in the transfer. If the transaction included a life assurance policy but it was not actually amongst the assets included in the chargeable event you’re telling us about, we need to know about the arrangements.ÌýÌýÌý

You must fill in schedule D34 and include a copy of each policy when you send the form.ÌýÌýÌý

E7 UK government and municipal securitiesÌýÌý

You should include:ÌýÌý

• Treasury StockÌýÌý
• Exchequer StockÌýÌý
• Convertible StockÌýÌý
• consolidated stocks and loansÌýÌý
• Funding StockÌýÌý
• Savings BondsÌýÌý
• Victory BondsÌýÌý
• War LoansÌýÌý
• government stock held on the Bank of England RegisterÌýÌýÌý
• bonds issued by municipal entities (local government authorities)ÌýÌý

You should fill in schedule D32 to tell us about them.ÌýÌý

E8 Listed stocks, shares and investmentsÌýÌý

You should include:ÌýÌý

• all stocks, shares, debentures and securities listed in the Stock Exchange Daily Official ListÌýÌý

• unit trustsÌýÌý

• investment trustsÌýÌý

• open-ended investment companiesÌýÌý

• shares listed on a recognised stock exchange that are part of an Individual Savings Account (ISA)

• foreign shares listed on the London Stock ExchangeÌýÌý

Do not include listed shares that gave the deceased control of the company. You should include these in box E12.ÌýÌýÌý

You must also fill in schedule D32. Copy the figure from box SS1 on the schedule and enter it in box E8 on this form.ÌýÌýÌý

E9 Dividends or interest on stocks, shares and securitiesÌý

Use schedule D32 to complete this box. You should include the total value of dividends and interest on assets in boxes E7, E8, E10, E11 and E12 due at the date of transfer but which had not yet been paid.ÌýÌýÌý

E10 Traded unlisted and unlisted shares except control holdingsÌý

If a company is not listed on the London Stock Exchange, any foreign recognised stock exchange or alternative market, its shares and securities are classed as unlisted.ÌýÌý

You should enter the total value of the following stocks and shares if the settlor did not have control of the company:ÌýÌý

• unlisted stocks and shares in private limited companiesÌýÌý

• shares traded on the Alternative Investment Market (AIM), including shares that are part of an ISAÌý

• shares held in an Enterprise Investment Scheme (EIS) or in a Business Start-up Scheme (BSS)Ìý

You must also include these when you fill in schedule D32.ÌýÌýÌý

E11 Instalments on sharesÌý

You may be able to pay tax in instalments on unlisted shares that do not qualify for Business Relief if any of the following apply:Ìý

• you can show that paying in one sum will cause financial hardshipÌýÌý
• at least 20% of the tax owed is on assets that qualify for payment by instalments ÌýÌý
• the shares are worth more than £20,000 and make up either:ÌýÌý
  • at least 10% of the value of the total shares issued by the companyÌýÌý
  • at least 10% of the value of ordinary shares held in the company

If you have tax to pay on non-control holdings of unlisted shares, and they qualify for payment by instalments, enter the value of the shares in box E11.ÌýYou can find this value in boxes 3 and 4 in Schedule D32.Ìý

E12 Control holdings of unlisted, traded unlisted and listed sharesÌý

If the person who made the transfer had control of the company you should include:Ìý

• shares traded on AIM including shares that are part of an ISAÌý

• shares traded on the Off Exchange (OFEX)

You must also fill in schedule D32, including the stocks and shares.ÌýÌýÌý

E13 Farms, farmhouses and farmlandÌý

You should include the total value of assets on which you’re deducting Agricultural Relief.ÌýÌýÌý

You must also:

• fill in schedule D36, giving full details of assets you want to claim relief on
• fill in schedule D37 to claim Agricultural Relief

E14 Businesses including farm businesses, business assets and timberÌý

You should include the net value of an interest in a business at the date of the chargeable event.ÌýÌý

If the settlor took part in more than one business you may need to fill in schedule D38 for each business or partnership. Enter the total value of all the businesses in box E14.ÌýÌý

E15 Other land, buildings and rights over landÌý

You should include the value of any other land, buildings or rights over land not included in any other boxes on this form.Ìý This could include:Ìý

• rental propertiesÌý

• lock-up garagesÌý

• redundant landÌý

• derelict propertyÌý

• quarriesÌý

• airfieldsÌý

• fishing or other rights attached to landÌý

You must also fill in schedule D36 with details of the land or property.ÌýÌý

E16 Debts due to the TrustÌý

You should enter the figure from box 3 when you fill in schedule D33.Ìý Ìý

E17 Income Tax or Capital Gains Tax repaymentÌý

You should enter the total amount of any tax repaid to the trust. If you do not know the exact amount, you should enter a reasonable estimate.Ìý

E18 Other assetsÌý

You should enter the total value of any other assets not already included.ÌýÌý

You must include the details of these assets in the ‘Additional information’ section.Ìý

Section F: liabilities, exemptions, and reliefsÌý

You should only include debts that were owed by the transferor against their assets at the date of the chargeable event.ÌýÌý

Do not include:ÌýÌý

• fees for professional services carried out after that dateÌýÌýÌý

• any solicitor, estate agent or valuation fees incurred in dealing with the chargeable eventÌý

LiabilitiesÌýÌý

For box F1, you should list all the debts owed by the transferor that can be deducted from the assets included in section E, column A.ÌýÌýÌý

You should fill in the name of the person or organisation that is owed the money and say briefly why the money is owed. If you include a deduction for solicitors’ or accountants’ fees, give the dates for the period during which the work was done.ÌýÌý

For box F2, you should only include reliefs and excluded property against assets listed in section E, column B.ÌýÌý

If the transferor received anything in returnÌý

If the transferor received any consideration in return for the transfer, you need to apportion the value at box C3 and include the figures in boxes F1 and F2.ÌýÌý

You should use the following equations to work out the values.ÌýÌý

Box F1 = (E19 ÷ (E19 + E20) × C3)Ìý

Box F2 = (E20 ÷ (E19+E20) × C3)Ìý

Exemptions and reliefsÌýÌý

There are a number of reliefs that reduce the value of the transfer on which you need to pay tax.ÌýÌý

Find out about:

• exemptions in section IHTM11000 of the Inheritance Tax Manual
• Agricultural Relief
• Business Relief

To deduct reliefs against the assets listed at boxes E1 to E18 you should write the title of the relief and the amount that you want to deduct in the space provided.ÌýÌý

For box F3, only include reliefs against assets listed in section E, column A. Add together the reliefs and write in the total box.ÌýÌý

For box F4, only include reliefs and excluded property against assets listed in section E, column B.ÌýÌýÌý

If you’re claiming the annual exemptionÌýÌý

You can give away £3,000 worth of gifts each tax year without paying Inheritance Tax. This is known as your annual exemption.Ìý

You should enter the amount you’re claiming in boxes F5 and F6.ÌýÌý

Section G: working out the taxÌý

Earlier transfers made by the transferorÌý

We need to know about any earlier gifts made by the transferor.ÌýÌý

You should tell us about any chargeable gift that was not covered by exemptions and was either made:Ìý

• before 18 March 1986Ìý

• on or after 18 March 1986 and given to a company or trustee of a discretionary trustÌý

Do not include gifts:Ìý

• from one person to anotherÌýÌý

• to an accumulation and maintenance trustÌýÌý

• to a trust for the disabledÌý

If you need to work out the interest dueÌý

You must pay Inheritance Tax no later than 6 months after the end of the month when the event occurred.Ìý

If you pay after the due date then interest is added to any unpaid tax and is charged at a daily rate.Ìý

to work out any interest due and enter this in the summary table in box G21.ÌýÌý

Section H: authority for repayment of Inheritance TaxÌý

If we need to repay any Inheritance Tax, we’ll make the payment directly to the bank account in the names of all the people who have signed the form by Faster Payments.ÌýÌý

If you do not have a bank account in those names, it may be difficult for you to obtain the repayment.ÌýÌý

To avoid any difficulties, give the details of the account you want the repayment paid into.Ìý

Section I: disclosure of tax avoidance schemeÌý

You should include both the:ÌýÌý

• scheme or promotor reference number if you’ve been given oneÌýÌý

• tax year or date when the tax advantage is expectedÌýÌýÌý

Find out about the rules for disclosure of tax avoidance schemes.Ìý

DeclarationÌý

You must make sure that all trustees have read the declaration and agree that the information given on the form, any schedules and other supporting documents is correct.ÌýÌý

HMRC will accept IHT100a forms without a wet signature as long as the names and personal details of the trustees are shown on the declaration page. ÌýÌý

If you’re an agentÌý

You must include this statement in the additional information on page 18:ÌýÌý

‘As the agent acting on their behalf, I confirm that all the people whose names appear on the declaration page of this form IHT100 have seen the IHT100 and agreed to be bound by the declaration on page 10 of the IHT100.’

Sending us your completed form

You should send the form to the address given at the bottom of the form.

Make sure you include:

• copies of any document we’ve asked for
• any completed schedules (read section D)

Find out what happens after you send us your completed form.

Get help

Contact the Inheritance Tax helplineÌýif you need help completing the form.