IHTM30001 - Liability and payment of tax: introduction

This section of the Manual deals with the payment of, and who is liable to pay, Inheritance Tax. It tells you about

• Who is responsible for paying the tax
• When the tax is due
• What tax is payable when taking out the Grant
• When tax is payable by instalments in various situations
• The interest charge.

It goes on to detail in what circumstances we can, at a later date, collect further tax and when we may not be able to collect, or have to remit, tax and interest.