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Paying Inheritance Tax

Who pays Inheritance Tax?

Who has to pay Inheritance Tax in different situations - executors and personal representatives, trustees and beneficiaries

When Inheritance Tax is due - payment deadlines

The ‘due date’ for Inheritance Tax depends on the date of death or when assets are transferred in connection with a trust

Finding the money to pay Inheritance Tax

Ways to fund an Inheritance Tax payment before probate, using the deceased’s bank account, Government Stock or National Savings

How to make an Inheritance Tax payment

The steps to follow when you’re making an Inheritance Tax payment by BACS, CHAPS, Bank Giro and more

Paying Inheritance Tax in yearly instalments

Some assets qualify for payment by instalments - find out which ones, how to pay and how to calculate interest on instalments

Paying Inheritance Tax on account

Find out how to make a lump sum payment in advance and save interest - or earn interest if you overpay

Interest on Inheritance Tax - when and how it is charged

How to calculate interest due on payments made after the ‘due date’

Inheritance Tax and record keeping

Know what records to keep and for how long - for executors, personal representatives, trustees and beneficiaries