Q&A: Inheritance tax forms – where can the most up-to-date versions be found?

Q. I see that one of the Inheritance Tax (IHT) forms has been amended - the C4 for correcting information previously submitted. I'm getting a bit confused with the forms and would be grateful if you could point to these C forms and give the most current references.

A: Yes, the C4 was updated on 27 July 2023.It’s used to correct information previously submitted on the IHT400 where too much or too little IHT was declared. The change on the updated form is in the repayment authority section and is now specific that any refund will be repaid to the individual, thereby rendering void any assignments or repayments.

The current 'C' forms are:

• Form C4 Corrective Account form with the reference 'HMRC 07/23'

• Form C4 (C) continuation sheet is unchanged and the reference is 'HMRC 02/20'

• Form C4 (S) is the corrective inventory and account (Scotland) where a Grant of Confirmation is required, and the reference is 'HMRC 04/22'

About the Author

Paul Newbold

Partner

After qualifying with KPMG where he gained significant audit experience, Paul joined Torgersens in 1991 and became the firm’s audit partner in 2000. Paul employs his broad range of financial skills to provide commercial and accounting advice to a range of owner-managed businesses in the independent retail, education and professional services sectors. He also has extensive experience dealing with charities, Registered Social Landlords and not-for-profit organisations and co-operatives.   Outside of work, Paul likes to visit Eastern France and South-West German and read novels by David Morrell, Michael Blake and Harper Lee. He also likes watching films, his favourite is The Shawshank Redemption.

To get in touch please e-mail paul.newbold@torgersens.com.