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Iht423 is a form used for reporting estate information and calculating inheritance tax in the UK.
The executor or administrator of an estate is required to file iht423.
Iht423 can be filled out online or on paper. It requires providing various details about the estate's assets, liabilities, and beneficiaries.
The purpose of iht423 is to determine the value of an estate and calculate the amount of inheritance tax that may be due.
On iht423, information about the estate's assets, liabilities, beneficiaries, and any gifts made prior to death must be reported.
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