I have an estate of someone who died in November 2020 and we have IHT of £150,000. I have registered for an inheritance tax reference number via an online IHT422 form. Is that all I need to do? Once I get that I was planning on submitting the completed suite of IHT400 papers.
Question is - do I need to TRS it? Does that issue a UTR for the estate which is entirely different to the IHT reference (only required for IT & CGT?)?
Last question - the estate is about to sell a house at a potential taxable gain, possibly before probate is obtained, - can I do the 30 day return without a UTR? Presumably I need to TRS it for the CGT only? (It might not be sold at a gain therefore I might not need to consider this.)
Thank you very much in anticipation.
