IHTM38297 - Notices of Determination (NODs): example C: tax due on survivorship property

Example C

Inheritance Tax

Notice of Determination

Under s.221, Inheritance Tax Act 1984

To: The Executor

The Commissioners of HMRC have determined –

(In relation to

A: the deemed transfer of value on the death on xxx of xxx (“the deceased”)]

B: the interest of the deceased in xxx (“the property”)

That –

• The Inheritance Tax payable in connection with the death of the deceased in respect of that interest in land/account etc was £xxx.
• £xxx/The whole of that tax remains unpaid together with interest thereon amounting to £xxx, a total of £xxx.
• As personal representative of the deceased you are liable for the total of £xxx, with further interest on the unpaid tax until payment.

A caveat ( IHTM38294) applies to Notices issued to liable persons in Open Enquiry cases.