Complete options a – d as follows
Option a
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.
Option b
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.
Option c
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.
Option d
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.
