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P E N P E × 2014 December 67, 2014 Community Activities Building, 1400 Roosevelt Avenue Redwood City, CA 94061 ENTRY FORM Name Telephone Address City Zip Email Society Affiliation: () APS () TAPE
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p e n p stands for Potentially Exempt Transfer Nomination and Payment form, used for transferring property and other assets with a potential exemption from inheritance tax.
The person making the transfer of the assets is required to file p e n p.
p e n p can be filled out online or by downloading the form from the official website and filling it out manually.
The purpose of p e n p is to notify the HM Revenue and Customs (HMRC) about potential exempt transfers to determine any inheritance tax liabilities.
The information to be reported on p e n p includes details of the transferor, the recipient, the assets being transferred, and any exemptions claimed.
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