HM Revenue & Customs Edition HMRC 09/22 2 pages

IHT411 — Listed stocks and shares

The IHT400 schedule for a deceased person's government stock, listed shares and investment funds.

Fill out IHT411 Listed stocks and shares online View the form Free on every FileIt plan
IHT411 Listed stocks and shares · Inheritance Tax: Listed stocks and shares (Schedule IHT411)
The official HM Revenue & Customs form, edition HMRC 09/22 — blank
Page 1 of 2
IHT411 Listed stocks and shares (2022) Inheritance Tax: Listed stocks and shares (Schedule IHT411) — page 1 of 2
Page 1 of 2
IHT411 Listed stocks and shares (2022) Inheritance Tax: Listed stocks and shares (Schedule IHT411) — page 2 of 2
Page 2 of 2
Fill this form online Blank PDF from HM Revenue & Customs

What is IHT411 Listed stocks and shares?

When an estate needs a full Inheritance Tax account on form IHT400, schedule IHT411 lists the listed investments the deceased owned, each valued at the date of death. It comes in two parts: UK government and municipal securities (such as Treasury Stock, gilts and War Loan), and listed stocks, shares and investments that didn't give the deceased control of the company.

For each holding you give a description, the amount held, the market price per unit at the date of death, the total value and any dividend or interest that was due but not yet paid. The column totals go onto IHT400: securities in box 62, listed shares in box 63 and the dividends and interest in box 64. If a stockbroker has valued the portfolio, you can give a total per category and enclose the valuation.

FileIt lets you enter each holding in plain fields, adds up all four columns for you and prints everything into HMRC's official IHT411 PDF. It doesn't value the shares; use a stockbroker's valuation or the guidance in the IHT400 notes. You check the schedule and send it with the IHT400 yourself.

Who fills it
The executor or administrator of the estate
Sent with
Form IHT400 (the Inheritance Tax account)
Totals go to
IHT400 boxes 62, 63 and 64
Rows
7 securities and 14 listed holdings
Edition
HMRC 09/22
Helpline
0300 123 1072 (+44 300 123 1072 from outside the UK)

Who needs to fill out IHT411 Listed stocks and shares?

  • Executors and administrators completing a full IHT400 for an estate that holds listed shares or government stock.
  • Families sorting out a parent's ISA, unit trusts, investment trusts or OEIC holdings after their death.
  • Probate practitioners preparing the IHT400 schedules for a client's estate.
  • Anyone listing foreign shares that are traded on the London Stock Exchange or another UK exchange.

When to use IHT411 Listed stocks and shares

  • When you're completing form IHT400 and the deceased owned listed stocks, shares or UK government or municipal securities.
  • Once you have the date-of-death values, from a stockbroker or worked out using the IHT400 notes.
  • Not for unlisted shares, private company shares, BES or BSS shares, or listed holdings that gave the deceased control: those go on IHT412.

What you need before you start

  • The deceased's name, date of death and Inheritance Tax reference, if you have one.
  • Share certificates, fund statements, ISA statements and nominee account statements.
  • The number of shares or units, or the nominal amount of stock, for each holding.
  • The price per unit at the date of death, or a stockbroker's valuation.
  • Any dividends or interest that were due at the date of death but not yet paid.

What’s on IHT411 Listed stocks and shares

The 2022 edition has 2 pages. FileIt asks for it in 3 parts:

  1. The person who has diedExecutor
  2. 1. UK government and municipal securitiesExecutor
  3. 2. Listed stocks, shares and investments that did not give the deceased control of the companyExecutor

How to fill out IHT411 Listed stocks and shares, step by step

1 The person who has died

Name, date of death and IHT reference number if known. FileIt can pre-fill the name from the person's record in your vault.

2 1. UK government and municipal securities

Treasury Stock, Exchequer Stock, War Loan, other stock on the Bank of England register, and municipal securities, mortgages and debentures. Give each one's description, amount, price, value and interest due.

3 2. Listed stocks, shares and investments

Shares, debentures, ISAs (with any uninvested cash), unit trusts with their full name, investment trusts and OEICs, as long as they didn't give the deceased control of the company.

4 Totals

FileIt adds up the total value and the dividends or interest for each part. Copy the totals to IHT400: box 62 for part 1, box 63 for part 2, and both dividend and interest totals into box 64.

Common mistakes to avoid

  • Listing unlisted or private company shares here instead of on IHT412.
  • Using a price from a different day rather than the date of death.
  • Leaving out dividends or interest that were due but not yet paid at the date of death.
  • Forgetting the uninvested cash inside an ISA, or including other cash or insurance policies with it.
  • Giving only the fund manager's name for a unit trust instead of its full name and type of unit.
  • Not enclosing the stockbroker's valuation when you've only copied the category totals.

After you fill it out

Check the holdings against the statements, then copy the totals to form IHT400 boxes 62, 63 and 64.

Send IHT411 with the IHT400 and any valuation it refers to. FileIt doesn't send anything to HMRC.

Keep a copy in the deceased's FileIt folder with the share certificates and statements.

Fill out IHT411 Listed stocks and shares online with FileIt

  1. Pick the person. Choose someone from People and FileIt fills in their name, date of birth, address and other details it already knows.
  2. Answer plain-language questions. One part of the form at a time, with the official help text beside each question — 112 fields in all. Your answers save as you go.
  3. Check the live preview. Watch your answers land on the real HM Revenue & Customs form, and let FileIt do any worksheet arithmetic.
  4. Generate the official PDF. FileIt prints your answers into the agency’s own PDF and files it in that person’s folder in your vault.

FileIt fills the form — it never files or submits anything for you. Deliver the finished form to whoever asked for it, the way the form’s instructions say.

Start IHT411 Listed stocks and shares now — it’s free

IHT411 Listed stocks and shares: frequently asked questions

What does IHT411 cover?

UK government and municipal securities, and stocks, shares and other securities listed on the Stock Exchange Daily Official List, including ISAs, unit trusts, investment trusts and OEICs, valued at the date of death.

Do I have to list every holding if I have a stockbroker's valuation?

No. The form says that if you have a stockbroker's valuation, or have filled in inventory form C1 in Scotland, you only need to copy the totals for each category and enclose a copy of the valuation.

Where do the totals go on IHT400?

The total value of the securities goes in box 62, the total of the listed shares in box 63, and the dividends and interest from both parts are included in box 64.

What about shares in a family company?

Unlisted shares, and listed shares that gave the deceased control of the company, go on schedule IHT412, not IHT411.

Does FileIt value the shares?

No. You enter the price and value for each holding; FileIt adds up the columns and prints them on the form. The IHT400 notes explain how to value stocks and shares.

Official sources

FileIt is not affiliated with or endorsed by HM Revenue & Customs or any government. This page explains the form in general terms and is not legal, tax or immigration advice. Always read the official instructions, and check that you are using the edition the recipient accepts. Page last reviewed 2026-10-19.

Fill out IHT411 Listed stocks and shares online