Complete options a – d as follows
Use this section when the repayment is to be appropriated wholly or in part against assessed tax.
If the repayment is greater than the outstanding assessed tax, you will additionally need to use option d.
Use this section when the repayment is to be transferred from one IHT file to deposit at another IHT file.
State the recipient IHT reference clearly.
Use this section when the repayment of IHT is to be used against assessments made for other taxes, such as CGT or IT.
This option is rarely used and should the facts presented indicate that it is likely, consult with your Team Leader.
This is the most commonly used option. Complete this section when you are making a straightforward repayment to the payee(s).
This option can be used in conjunction with any of the other options a-c.
Click on the "calculate" button to check that the total amount being repaid and the "application of the repayable money" agree. If the total in the "calculate" box does not agree with the total repayable (as stated in words and figures), the message "Total repayments do not agree the amount repayable" will be displayed. You will need to identify and amend the relevant option to ensure the figures agree.