IHTM05071 - Particular aspects that may arise in connection with obtaining a grant: grants on credit (all UK locations)

Under IHTA84/S226 (2) personal representatives ( IHTM05012) (prs) are required to pay all the tax for which they are liable on delivery of an account before they can obtain a grant ( IHTM05001). However, they may in very exceptional circumstances obtain a grant before paying tax if they can demonstrate that it is impossible to raise the money before obtaining the grant.

Any request for a grant on credit (a request to postpone payment of tax other than that on instalment option property until after the grant) should be referred to DMB .

DMB will ensure that any necessary steps (such as land charges or tax stops) are taken to protect HMRC's claims. If necessary, DMB will advise on the drafting of any professional undertakings required from solicitors. These cases are given priority handling and they should be referred back to DMB as soon as the grant has been extracted.