IHTM10472 - Reduced account: conditions

All the following conditions must be met before the personal representatives may deliver a reduced account

  • If on or after 6 April 2025, the deceased must听have been听a long-term UK resident (IHTM47000)听at the date of death听

  • If before 6 April 2025 the deceased must have been domiciled in the UK at the date of death听(IHTM13000)听

  • any or all of听the property passing by Will or under intestacy passes听

  • absolutely, or through an interest in possession trust, to the surviving spouse or civil partner (IHTM11032), who must also have been a long-term UK resident, or听domiciled in the UK, or听

  • so as to听immediately听become the property of a body listed in IHTA84/SCH3, or听

  • so as to听immediately听become the property of a qualifying charity, or听held on trust for charitable purposes only.听

  • the听gross听value of property passing by Will or under intestacy to chargeable beneficiaries together with the chargeable value of other aggregable property (joint and settled property, GWRs, foreign property devolving outside the UK)听and any gifts made in the seven years prior to death must not, in total, exceed the IHT threshold.听