Inheritance tax

New guidance from HMRC is now available

HMRC has produced guidance on the timeline showing the IHT 400 account journey.

HMRC comments, responding to questions about the time it will take for it to finalise an account, that ‘we can’t tell you exactly how long it will take to finalise your account as each case is different.

But our timeline should give you a reasonable idea of when you and your clients can expect to hear from us.’

You can find details in HMRC’s June 2015 newsletter