In November 2021, the Inheritance Tax (Delivery of Accounts) (Excepted Estates) (Amendment) Regulations 2021 (SI 1167/2021), were laid before the House of Commons and came into force on 1 January 2022. The regulations deliver a simplification to IHT rules announced on 23 March 2021 which followed on from the Office of Tax Simplification’s recommendations in this area following its report on the administration of IHT.
This change means that more than 90 percent of non-taxpaying estates will no longer have to complete IHT forms when probate or confirmation is required.
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