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Posted Thu, 26 Jan 2023 16:31:18 GMT by neil123 wightman
Hello HMRC If a monthly gift of money is taken a few days after death from the deceased account. By an automated collection system eg direct debit, standing order, etc The automated payment was subsequently stopped promptly and the figure in question I believe was £400 Should the gifted money be returned to the deceased estate for IHT400 calculations? regards
Posted Mon, 30 Jan 2023 15:25:21 GMT by HMRC Admin 5

As the money was returned to the estate and the automatic trasfer stopped.  There is nothing more to do.

Thank you.

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