IHTM06043 Monitoring the excepted estates rules: automatic discharge

All persons personally liable for any IHT due in respect of an excepted estate are automatically discharged from liability at the end of the prescribed period ( IHTM06042) and any charge for such tax on any assets comprised in the estate is removed.

Automatic discharge will not apply

• in the case of fraud or failure to disclose material facts
• if it later comes to light that there is further property which causes the excepted estates conditions to be breached
• if within the prescribed period a notice in writing is issued to the personal representatives ( IHTM05012) requiring the delivery of further information.

This discharge also applies to trustees ( IHTM06044) and has the same affect as formal clearance.