IHTM05126 - Grants on credit: what information do we need from the Personal Representative?

If it is not possible to settle all or any of the tax liability, we will consider whether a grant on credit or a partial grant on credit is appropriate in the circumstances. The Personal Representative (PR) will need to:

• Send us a signed and completed form IHT400 if they have not already done so.
• State the maximum amount of tax they can raise.
• Provide a statement explaining what steps the PRs and advisors have taken so far to fund the tax liability. This should include confirmation that all the sources of funding mentioned at IHTM05122 have been pursued or, if that is not the case, an explanation why not.