Form

Inheritance Tax: election for Inheritance Tax to apply to asset previously owned (IHT500)

Use form IHT500 if you pay Income Tax on a property or asset you previously owned but still benefit from and you instead want the property to be treated as part of your estate for Inheritance Tax purposes.

• From: HM Revenue & Customs
• Published: 4 April 2014
• Last updated: 28 October 2021 — See all updates

Documents

Inheritance Tax: election for Inheritance Tax to apply to asset previously owned (IHT500)

Ref: IHT500

PDF, 241 KB, 2 pages

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Notes for completion of form IHT500 (IHT501)

Ref: IHT501

PDF, 293 KB, 5 pages

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Details

Use form IHT500 if you pay Income Tax on a property or asset you previously owned but still benefit from and you want the property to be treated as part of your estate for Inheritance Tax purposes instead.

Email HMRC to ask for this form in Welsh (Cymraeg).

Published 4 April 2014
Last updated 28 October 2021 + show all updates

1. 28 October 2021

   Added a new address to send the election form to once completed.

2. 4 April 2014

   First published.