UK Inheritance Tax by admin|Published June 27, 2019-at dimensions 1180 × 1184 Images navigation Previous Next Featured here is an official Inheritance Tax Account form that would be submitted to HMRC and a scroll Inheritance tax clearance certificate application. The pocket watch is set to midnight - the end of time, your time. In the UK, when your time comes to an end and you die, without Estate Planning to minimise taxation the benefactors of your estate could find themselves subject to paying Inheritance Tax to the UK Government. A submission of the value of the total estate must be made to Her Majesty‚Äôs Revenue & Customs. If any tax has to be paid, the Government will take the tax and then issue a clearance certificate for the estate to be dully distributed amongst the beneficiaries.