IHTM31303 - Manual assessment template: assessment details

Once you have selected the appropriate form type ( IHTM31302), click on the Next button to enter the assessment form itself.

You must enter all the basic details about the chargeable estate, having calculated them yourself. The assessment calculations ( IHTM31401) guidance will advise you what values you need to include. After inputting the values, IHT threshold and rates, click on Calculate.

• The template will calculate the tax liability for you, but will undertake no other computations.
• You must click on the Calculate button each time you amend any details to include them in the tax calculation.

Deposits

Enter deposits in the separate table.

Interest

The template will not calculate any interest charges or make any adjustments for deposits. You must calculate the interest charge yourself on the interest calculator ( IHTM31511) and include the final figure in the appropriate box.