Latest News

Wet Signatures No Longer Required For Inheritance Tax Forms

wet signatures

The UK Government has temporarily relaxed the requirement for wet signatures on inheritance tax (IHT) forms, during the COVID-19 pandemic.

With widespread social distancing practices taking effect, it has been difficult for personal representatives or trustees to physically sign forms IHT400, IHT100 and IHT205.

However, with these temporary changes it will now be possible for practitioners to return IHT forms without a wet signature if:

  • the names and personal details of the personal representatives or trustees are shown on the declaration page;
  • the account has been seen by all the personal representatives or trustees and they all agree to be bound by the declaration.

If you need to send an IHT form, the UK Government advise adding one of the following statements:

  • IHT 100 – As the agent acting on their behalf, I confirm that all people whose names appear on the declaration page of the IHT100 have seen the IHT100 and agreed to be bound by the declaration on page 8 of the IHT100.
  • IHT205 – As the agent acting on their behalf, I confirm that all the people whose names appear on the declaration page of this IHT205 have seen the IHT205 Return and agreed to be bound by the declaration on page 8 of the IHT205.
  • IHT400 – As the agent acting on their behalf, I confirm that all the people whose names appear on the declaration page of this IHT400 have seen the IHT400 and agreed to be bound by the declaration on page 14 of the IHT400.

If you need advice, guidance or support from our team of legal experts, please contact Maria Cosslett, Partner and Head of Probate, Wills and Trusts at Loosemores via CosslettME@Loosemores.co.uk or call 029 2022 4433.

Leave a Comment