IHTM38261 - RN Limited: introduction


It is not unusual for a taxpayer to be unable to pay the tax and interest due because the only asset comprised in a person’s estate after the debts and administration costs are paid is the property in which they live.

Forcing the taxpayer to sell the property to discharge an IHT liability would inevitably cause genuine hardship and may leave them without the means to provide suitable accommodation for themselves and their family in the future.