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Government forms, made readable

The IHT400 is HMRC's full inheritance tax account — sixteen sections, set out plainly.

You complete it when an estate has tax to pay, or is too large for the short form. Most estates need five to seven of the sixteen sections — not all of them.

The five questions below show which ones apply to this estate, so you only read the parts that matter.

✓ Official source checked 23 August 2026 · GOV.UK last revised this form 4 August 2026IHT400 on GOV.UK
What it is
HMRC IHT400 — the inheritance tax account
Who needs it
Executors of an estate with tax to pay
Our part
We explain every section, free — no account

No email needed to start. Your answers stay on this device, and sync to your Valoren account if you're signed in — so they carry over to your other records instead of you retyping them. The verb here is prepare: you check the draft against the official form before anyone signs.

Not sure yet? See the plain-English IHT400 walkthrough →
Official form · always current

This is the same official IHT400 file HM Revenue & Customs publishes on GOV.UK — the link below fetches the current version live from GOV.UK the moment you click it, so it can never go out of date.

Current version: August 2026 · confirmed on GOV.UK 23 August 2026

Step 01 — Which sections apply

Five questions about the estate.

Answer yes or no. We then tell you — in plain English — exactly which sections to complete, which schedules attach, and which sections you can leave blank.

Q.01
Did the deceased own a home (sole or joint)?
If yes — Section 4 (jointly-owned assets if applicable) and Section 11 (land and property) plus schedule IHT405.
Q.02
Were there gifts over £3,000 in the seven years before death?
If yes — Section 5 (gifts and other transfers of value) plus schedule IHT403.
Q.03
Were there pensions, annuities, or other death benefits?
If yes — Section 10 (pensions) plus schedule IHT409. From April 2027 most pensions are in scope.
Q.04
Did the deceased own a business, farm, or significant shareholding?
If yes — Section 13 plus IHT413 (business) and/or IHT414 (agricultural). April 2026 reforms apply.
Q.05
Were there assets outside the UK, or non-UK domicile considerations?
If yes — Section 14 plus IHT417/IHT418. Always specialist advice for any cross-border element.
What this can save

The cost of an IHT400 is rarely the form. It is the search around it.

0 → 0 hours
Reading and gathering

The hours families lose reading the form and chasing records may fall to an afternoon once the records are to hand.

0 min
Advise, not search

Arrive organised and a professional can check a prepared summary in an hour or two — far less than preparing the account from scratch on the clock.

All 0
Sections mapped

Every section is mapped before you start — so you know which apply and which to skip, without wondering whether you've missed one.

The easiest IHT400 is the one your records have already prepared.
Step 02 — The sixteen sections

The sixteen sections, set out in full.

Each row names the records that feed it, HMRC's own box count and a realistic time. Open any row to read what it covers — and answer the five questions above to mark which apply to this estate.

Section · the records that feed itBoxes · time
Sixteen sections in fullAbout 3 – 5 hours for the full account

Every row above is mapped in the account today — its title, the records that feed it, the box count and a realistic time. Box-by-box plain-English help on each individual HMRC box arrives next release.

Step 03 — The prepared draft

What a prepared draft looks like.

Below is a specimen — a worked example showing how figures sit in HMRC's own layout, watermarked and disclaimed. It is here so you can see the shape of a completed IHT400 before you start filling one in. It is an illustration, not your estate: nothing on this page collects your figures, and no draft is produced from it. Check line by line against the official form before you sign. The preview below shows exactly how it's laid out.

HM REVENUE & CUSTOMS
IHT400 · Inheritance Tax account
Draft
Review before signing
Prepared by ValorenFormat HMRC layoutStatus Draft for your review
Section 1
Deceased's details
Section 2
Contact details and declaration
Section 3
Will, intestacy and surviving relatives
Section 4
Jointly-owned assets
Not applicable to this estate
Section 5
Gifts and other transfers of value
Specimen layout. Your own figures are set into each line when the draft is prepared.
This is a Valoren-prepared draft based on your answers. It is not the official HMRC form. Review every line against the official IHT400 PDF before signing. Valoren is not a tax adviser; this is a structured composition of your inputs, not advice.
Download the section guide (PDF) — a printable plain-English reference to keep beside the form.
Before you pay a professional

Arrive organised. Let the professional advise, not search.

A solicitor typically charges around £3,000 to prepare an IHT400 from scratch — far less when the records are already to hand and the draft is prepared.

Where a cross-border element, trust, or business relief applies, a specialist's eye is worth it. Valoren is not a tax adviser; we help you prepare.

Email me the executor's guide

The Executor's Companion covers IHT400 box by box. We'll send it, and let you know when the full draft builder is live.

We send it straight to your inbox. No email client, no spam, one message.
Prepare the record before the form

Records this form usually needs.

Almost every hour spent on an IHT400 goes on finding these — not writing them down. Gather them once and the form follows.

The home and any land
Bank and savings accounts
Investments, ISAs and shares
Pensions and death benefits
Gifts in the last seven years
Debts, mortgages and bills
Life and other insurance
Business or agricultural interests
The will and the executors

The easiest IHT400 is the one your records have already prepared.

Valoren records these before the form is prepared — so when an executor needs the IHT400, the figures are already to hand.

See what to prepare
Known limits
  • This walkthrough maps every section and the records that feed it. Box-by-box plain-English help on each individual HMRC box arrives next release.
  • Valoren is not a tax adviser. The draft is a structured composition of your inputs — always check it against the official IHT400 before signing.
  • Any cross-border element, trust, or business relief is worth a specialist's eye. We'll say so plainly where it applies.

After IHT400 — what comes next.

Once IHT is paid (or arranged via the Direct Payment Scheme via IHT423), HMRC issues IHT421. That's the receipt the Probate Registry needs to grant probate.

Your answers are saved on this device, and sync to your Valoren account if you're signed in. Clear them anytime, switch devices anytime — no account required to use this page.

More from Valoren

What to read next.

What comes after the account

Once the account is complete and the tax position is settled, the next step is applying for the grant itself — PA1P if there's a will, PA1A if there isn't.

Next: apply for probate
Plate R · Related

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