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HMRC Trusts and estates newsletters

Published  23 February 2024
   14 min read

HMRC issue a variety of trust and estates newsletters. These cover almost anything to do with trusts and estates and contain valuable information. A brief summary and links to the newsletters issued so far are below:

Trusts and estates newsletter: August 2024

This includes information on the following:

  • Update to Inheritance Tax IHT100 Forms
  • Changes to the way we share information needed for probate and confirmation applications
  • Administrative change to ease the payment of Inheritance Tax before probate or confirmation
  • Tax returns for low income trusts that cease in the 2024 to 2025 tax year
  • Updates to the Trust Registration Service (TRS) guidance
  • Changes to the taxation of non-UK domiciled individuals

Trusts and estates newsletter: March 2024

This includes information on the following:

  • Spring budget
  • Trusts and Estates
  • Returns for deceased persons and estates in the administration period
  • Life Insurance policy gains after a death
  • Basis period reform — reporting on a tax year basis
  • Inheritance Tax and applying for probate
  • Inheritance Tax helpline
  • Capital Gains Tax on UK property paper return
  • Trust registration service — guidance on material discrepancies
  • Consultation on the Money Laundering Regulations

Trusts and estates newsletter: April 2023

This includes information on the following:

  • Simplifications for trusts and estates
  • Capital Gains Tax on divorce
  • Capital Gains Tax on UK property paper return
  • Trust Registration Service: discrepancy reporting from 1 April 2023
  • Trust Registration Service: proof of registration
  • Trust Registration Service: settlor information
  • Money Laundering Regulations: future consultation
  • Errors relating to trusts: rectification, mistakes and Hastings-Bass 
  • Self-Assessment returns for the tax year in which someone died and previous years

Trusts and estates newsletter: August 2022

This includes information on the following:

  • Reporting a discrepancy in Trust Registration Service data
  • Trust Registration Service Data requests
  • Posting your IHT400 Inheritance Tax account to HMRC
  • New way to pay Inheritance Tax
  • Process for Inheritance Tax clearance
  • Original documents for Inheritance Tax accounts
  • Capital Gains Tax on UK Property Account guidance

Trusts and estates newsletter: April 2022

This includes information on the following:

  • Trust Registration Service Deadlines
  • Capital Gains Tax on UK Property Account
  • Addresses for administration of estates post
  • What to do when someone dies step-by-step guide
  • Inheritance Tax GOV.UK detailed guidance
  • Inheritance Tax YouTube Series
  • Improvements to our timeline for form IHT100s for Trust and Lifetime charges
  • Changes to the process for clearance for Trust and Lifetime charges form IHT100s
  • Use of form C4 corrective accounts

Trusts and estates newsletter: December 2021

This includes information on the following:

  • Capital Gains Tax Payment for Property Disposal Service
  • Raising standards in the tax advice market
  • Inheritance Tax reporting requirements
  • Inheritance Tax and Probate application timelines
  • Posting original documents to HMRC
  • Payment of Inheritance Tax

Trusts and estates newsletter: September 2021

This includes information on the following:

  • Trust Registration Service
  • Inheritance Tax Checker launched
  • New telephone number for the Estate Period of Administration 
  • Administration period of Deceased's Estates for Income Tax and Captial Gains Tax

Trusts and estates newsletter: May 2021

This includes information on the following:

  • Response to the first Office of Tax Simplification’s review of Inheritance Tax
  • Inheritance Tax reporting requirements
  • Summary of responses to The Taxation of Trusts: A review
  • Trust Registration Service update
  • Trusts and Estates with small amounts of savings income

Trusts and estates newsletter: December 2020

This includes information on the following:

  • Extension of the Trust Registration Service
  • Trust Registration micro service
  • Changes to GOV.UK guidance for the Trust Registration Service
  • When to apply for a grant of representation

Trusts and estates newsletter: August 2020

This includes information on the following:

  • Fifth anti-money laundering directive (5MLD) and the extension of the Trust Registration Service update
  • Volunteers needed
  • Registrations
  • Updating trust details
  • Declaration
  • Deadlines
  • Question 20 on the SA900 tax return
  • Closing a trust
  • Agent authorisation
  • Complex estates
  • GOV.UK guidance changes
  • Finance Bill 2020
  • Electronic submission of IHT400 and IHT100 forms
  • New clearance letter and process
  • Operational update
  • Confirmation of payee checks
  • Estates and Capital Gains Tax Disposals
  • Agent toolkits - annual refresh 2020

Trusts and estates newsletter: June 2020

This includes information on the following:

  • Trusts - Self Assessment payment on account
  • Trusts helpline
  • Operational update
  • Repayments by ‘Faster payments’
  • Paying by cheque for Inheritance Tax
  • Inheritance Tax and probate webchat and helplines
  • Repayment and ‘nil’ calculations
  • Wet signatures on accounts and returns
  • Change of process for form IHT421
  • Electronic submission of IHT forms
  • Inheritance Tax valuations
  • Reasonable excuse
  • Tax-exempt national heritage property and coronavirus

Trusts and estates newsletter: January 2020

This includes information on the following:

  • Capital Gains Tax payment for property disposal
  • Trust Registration Service
  • Fifth anti-money laundering directive (5MLD) and the extension of the Trust Registration Service update
  • Estate registration – personal representatives
  • Changes to the Direct Payment Scheme – IHT423 update
  • Agent toolkits

Trusts and estates newsletter: August 2019

This includes information on the following:

  • Agent Toolkits
  • Trust Registration Service
  • Trusts and Estates Allowance
  • Publication of Lifetime Gifting Research
  • Office of Tax Simplification Review into Inheritance Tax – Part 2
  • Inheritance Tax – IHT421 Agent Update
  • Changes to agent letters issued when the IHT400 is processed
  • Administration Period of Deceased’s estate: Income Tax and Capital Gains Tax
  • Draft Legislation Released On L-Day

Trusts and estates newsletter: April 2019

This includes information on the following:

  • Agent toolkits
  • Acceptances in lieu and the 36% rate of IHT
  • Office of tax simplification review into inheritance tax
  • Technical changes to residence nil rate band
  • New style of probate grant
  • Trust registration service – ongoing development of the current service
  • Trust registration service - consultation on the Fifth anti-money laundering directive
  • Trust customer experience journey
  • Changes to entrepreneurs’ relief rules

Trusts and estates newsletter: December 2018

This includes information on the following:

  • Agent toolkits 
  • Trusts registration service 
  • Taxation of trusts consultation
  • Inheritance tax manual - speciality debts
  • IHT - application for confirmation in Scotland
  • IHT reference for a taxpaying lifetime event
  • Correspondence scanning issues - avoiding delays

Trusts and estates newsletter: August 2018

This includes information on the following:

  • Agents toolkit
  • IHT disclosure of tax avoidance schemes (DOTAS) guidance – update
  • IHT guidance
  • Inheritance tax
  • IHT process – residence nil rate band
  • Trusts registration service
  • Administration period of deceased’s estates: income tax and capital gains tax

Trusts and estates newsletter: special edition April 2018

This includes information on the following:

  • Improvements to our inheritance tax process and timescales
  • When will I hear about my form IHT400?

Trusts and estates newsletter: March 2018

This includes information on the following:

  • Agent toolkits 
  • Trusts registration service
  • IHT payment reference numbers
  • IHT disclosure of tax avoidance schemes (DOTAS) guidance
  • New guidance for non-dom deeming rules
  • Changes to forms R185
  • Updated guidance on errors relating to trusts: rectification, mistake and hastings-bass

Trusts and estates newsletter: December 2017

This includes information on the following:

  • New inheritance tax disclosure of tax avoidance scheme regulations
  • Trusts registration service
  • Making tax easier for trusts and estates with small amounts of savings income
  • Trusts tax reform consultation
  • Agent toolkits
  • Update on changes to the non-dom rules and offshore trusts

Trusts and Estates Newsletter: September 2017

This includes information on the following:

  • Trusts registration service
  • Inheritance tax (IHT) online
  • Trusts - taxable pension lump sum death benefits paid to trusts
  • IHT toolkit
  • Heritage relief - reasonable opening times for access to buildings of outstanding historical or architectural interest
  • Home loan scheme/double trust scheme guidance note
  • Submitting IHT payments
  • Appendix

Trusts and estates newsletter: April 2017

This includes information on the following:

  • Residence nil-rate band (RNRB) and transferable residence nil rate band (TRNRB)
  • Trusts register
  • IHT online
  • Trusts and taxation of index linked loans
  • Administration period
  • Probate fees
  • HMRC News – how to be notified of changes
  • Agent toolkits 2017
  • Appendix

Trusts and estates newsletter: December 2016

This includes information on the following:

  • Civil penalties
  • Finance Bill 2016
  • Trusts register
  • Excepted estates: sales of property during administration period
  • Errors relating to trusts: rectification, mistake and Hastings-Bass
  • IHT online
  • Requesting details of a deceased’s personal tax affairs

Trusts and estates newsletter: August 2016

This includes information on the following:

  • IHT online
  • Complex cases
  • Automatic exchange of information: information for trusts
  • Change in bank giro payslips

Trusts and Estates Newsletter: April 2016

This includes information on the following:

  • HMRC Trusts and estates newsletter: April 2016
  • Budget changes
  • Trusts and estates in administration
  • Ceasing next day delivery through Document Exchange (DX)
  • HMRC news – how to be notified of changes
  • New name
  • Appendix

Trusts and estates newsletter: September 2015

This includes information on the following:

  • Finance (No.2) Bill 2015
  • IHT online
  • IHT treatment of usufructs
  • IHT403 and normal out of income exemption
  • Form 41G (Trust)
  • Trusts and estates manuals

Trusts and Estates Newsletter: June 2015

This includes information on the following:

  • Changes to the 2014-15 Trust & estate tax return. 
  • Finance Act 2015
  • Bereavement service
  • PAYE customers
  • IHT400 timelines
  • Inheritance tax clearance letters
  • Inheritance tax online
  • Amendments to trusts & estates manuals

Trusts and Estates newsletter: December 2014

This includes information on the following:

  • Transition of trusts & inheritance tax web content to GOV.UK
  • HMRC bereavement service
  • Autumn statement
  • Toolkits
  • IHT online
  • Trusts & estates manuals

Trusts and Estates Newsletter: August 2014

This includes information on the following:

  • Trusts & estates helplines: withdrawal of our 0845 telephone numbers
  • Finance Act 2014
  • Heritage property
  • Amendments to Trusts & estates manuals

Trusts and Estates Newsletter: April 2014

This includes information on the following:

  • Inheritance tax payments – issue of receipts
  • The Swiss agreement and inheritance tax accounts
  • Changes to the 2013-14 Trust and estate tax return
  • New inheritance tax forms, IHT205, IHT217 and IHT206 – notes to help you fill in the IHT205
  • Exempt excepted estates – deduction of liabilities
  • Telling us about amendments to an IHT400
  • Support for agents
  • Amendments to Trusts & estates manuals