- 128 City Road, London, United Kingdom, EC1V 2NX
- enquiries@wingateaccountants.co.uk
- 01615314179
Support for executors and personal representatives: we value the estate, claim every exemption and relief available, prepare the IHT400 and supporting schedules, and deal with HMRC until the tax is agreed.
Many smaller estates are “excepted estates” and do not need a full Inheritance Tax account. An IHT400 is usually needed where:
The estate exceeds the available nil-rate bands after exemptions.
Business or Agricultural Relief is being claimed on qualifying assets.
Substantial lifetime gifts or trust interests need to be reported.
Foreign property or accounts, or more complex ownership.
Claiming a late spouse’s unused nil-rate band or residence nil-rate band.
The deceased had an interest in a trust.
We can take on the whole Inheritance Tax process or support the work you are already doing as executor.
Every estate is different, so we provide a written fixed-fee quote after a free initial consultation. All quotes include VAT.
We provide the tax and accounting work. Where a grant of probate is needed, we work alongside your solicitor or probate practitioner.
We learn about the estate and confirm what is required.
We gather valuations and details of gifts, trusts and debts.
We prepare the IHT400 and calculate the tax for your approval.
We submit to HMRC, arrange payment and resolve any queries.
| What | When |
|---|---|
| Inheritance Tax payment | By the end of the sixth month after the month of death (interest is charged after this) |
| IHT400 submission | Within 12 months of the end of the month of death |
| Tax on property and certain assets | Can usually be paid in 10 annual instalments |
| Corrective account | When you discover a change in values or assets |
Careful preparation of the IHT400 often reduces the tax payable. We check that the spouse exemption, residence nil-rate band and any unused allowances from a late spouse or civil partner are claimed, that Business and Agricultural Relief is applied correctly under the rules in force at the date of death, and that debts and funeral costs are deducted. If shares or property are later sold for less than their probate value, loss relief may reduce the tax.
We provide the tax and accounting work. Applying for the grant of probate is a reserved legal activity, so where a grant is required we work alongside your solicitor or probate practitioner.
Official guidance: Valuing the estate and reporting · Pay Inheritance Tax
Transparent pricing, confirmed in writing before any work begins. No hourly charges and no surprises.
Work directly with a qualified accountant who knows your affairs, never a call centre.
Responsive support by phone, email and WhatsApp, with clear advice in plain English.
Experienced with Xero, QuickBooks, FreeAgent and Sage, as well as spreadsheet records.
“Professional and reassuring when dealing with my CGT obligations. I’d definitely use Wingate again.”
“Used Wingate for a CGT submission recently, efficient, knowledgeable, and easy to deal with.”
“Wingate have processed my tax returns for some years now & I am more than happy with service provided.”
Share a few details and a qualified accountant will respond with a fixed-fee proposal, usually within one working day. All prices include VAT.
Request your quoteWhatsApp 0161 531 4179
We are Independent firm of chartered Accountants and provide Tax and compliance services to businesses and Individuals. Our purpose is to make a meaningful difference to our clients.
Monday to Friday : 09:00 – 17:00 Saturday & Sunday : Closed
