Key IHT Dates

Managing an estate involves strict deadlines — from registering the death within 5 days to paying IHT within 6 months. Missing key dates can result in penalties and interest charges.

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Key facts

  • Death must be registered within 5 days (England and Wales).
  • IHT must be paid within 6 months of the end of the month of death — interest accrues from this date.
  • The IHT400 must be submitted within 12 months of the end of the month of death.
  • The grant of probate typically takes 4–8 weeks after the application is submitted.
  • A deed of variation can redirect inheritance for IHT purposes if made within 2 years of death.

IHT Timeline at a Glance

Dealing with an estate after a death involves a series of time-sensitive steps. Missing deadlines can result in interest charges, penalties, and delays. This page sets out the key dates that executors and personal representatives need to be aware of.[1]

Complete Timeline

DeadlineAction RequiredConsequences of Missing
5 days after deathRegister the death (England & Wales)Legal requirement — cannot obtain death certificates without registration
As soon as possibleSecure the deceased’s property and assetsRisk of loss, theft, or deterioration
2–8 weeksValue all estate assets and liabilitiesDelays the IHT calculation and probate application
Before probate applicationSubmit IHT400 (if required) and pay IHT dueCannot apply for probate until IHT is settled
6 months from end of month of deathPay all IHT dueInterest charged on unpaid balance from this date
4–8 weeks after applicationReceive grant of probateProcessing time varies — cannot collect assets without the grant
6–10 monthsPlace statutory notices for creditors (optional but recommended)Executor may be personally liable for unknown debts if not placed
12 months from end of month of deathSubmit IHT400 (filing deadline)Penalties for late filing
12 months (“the executor’s year”)Complete estate administration (target)Beneficiaries may take legal action after this period
2 years from deathDeadline for deed of variationCannot redirect inheritance for IHT purposes after this date
2 years from end of month of deathClaim transferable NRB (IHT402)Claim may be refused (HMRC has discretion for late claims)

Key point: Although the IHT payment deadline is 6 months and the filing deadline is 12 months, in practice executors need to pay the IHT and file the IHT400 before applying for probate. This usually means within 3–5 months of death.

IHT Payment Deadlines in Detail

The 6-month IHT payment deadline is calculated from the end of the month of death, not from the date of death itself:[2]

  • Death on 1 March → IHT due by 30 September (6 months from 31 March)
  • Death on 31 March → IHT due by 30 September (same deadline)
  • Death on 15 August → IHT due by 28 February

Interest runs from the due date at a rate linked to the Bank of England base rate. The rate is published on GOV.UK and changes periodically.

Instalment Payment Dates

If the instalment option is elected for qualifying assets (property, businesses, certain shares), the 10 annual instalments fall due as follows:[2]

  • 1st instalment: By the normal 6-month payment deadline
  • 2nd instalment: 12 months after the 1st
  • 3rd–10th instalments: Each subsequent anniversary
  • If the asset is sold, all remaining instalments become due immediately

Trust-Related Deadlines

EventDeadline
10-year anniversary charge6 months after the anniversary date
Exit charge reporting (IHT100)6 months after the chargeable event
Lifetime CLT reporting (IHT100)12 months after the end of the month of the transfer

Planning tip: Use a checklist and diary system to track all deadlines. Missing the 6-month payment deadline triggers automatic interest. Missing the 12-month filing deadline can result in penalties. Setting reminders at 3 months, 5 months, and 11 months after death helps ensure nothing is overlooked.

Frequently Asked Questions

What is the deadline for paying IHT?

IHT must be paid within 6 months from the end of the month in which the person died. For example, if death occurs on 15 March, the deadline is 30 September. Interest is charged from this date on any unpaid balance. In practice, IHT often needs to be paid earlier to obtain the probate grant.

What happens if I miss the IHT payment deadline?

Interest is charged automatically on late payments from the due date until the tax is paid. The current interest rate follows the Bank of England base rate plus a margin. There may also be penalties for late filing of the IHT400 if it is submitted more than 12 months after the end of the month of death.

How long does the executor have to distribute the estate?

There is no fixed legal deadline, but executors should not distribute the estate within the first 6 months (“the executor’s year”) to allow time for creditors to come forward. Beneficiaries cannot force distribution during this period. Most estates are distributed within 6–12 months.

Can I change the will after death for IHT purposes?

Yes. Beneficiaries can redirect their inheritance using a deed of variation within 2 years of death. If all affected beneficiaries agree and the deed includes the appropriate elections, HMRC treats the variation as if the deceased had made the new arrangement in their original will.

Further Reading

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Sources

  1. Applying for probate — GOV.UK
  2. Paying Inheritance Tax — GOV.UK
  3. IHTM05000 – Delivery of accounts — HMRC

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