To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of extending the current six-month deadline for the payment of Inheritance Tax in cases of administrative delays in the granting of probate.
The deadline for payment of Inheritance Tax (IHT) is the end of the sixth month after the month in which the death occurs. Personal representatives (PRs) are required to make a payment of IHT before applying for probate. This is a longstanding requirement...
Inheritance Tax: Probate