Estates—income tax and CGT

Estates—income tax and CGT guidance:

This Practice Note was originally produced in partnership with Tolley Guidance and is now maintained by Lexis®PSL. Death is not a disposal but is a deemed acquisition The...

Practice Note

FORTHCOMING CHANGE: As originally announced at Budget 2018, the government ran a consultation between 1 April and 1 June 2019 on proposals to curtail capital gains tax...

Practice Note

HMRC's online Trust Registration Service (TRS) was designed to implement the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer)...

Practice Note

This Practice Note was originally produced in partnership with Tolley Guidance and is now maintained by Lexis®PSL. Is a tax return required? Personal representatives...

Practice Note

The personal representatives (PRs) are responsible for finalising the deceased's tax affairs. They must file outstanding tax returns and claim any repayments due. For the...

Practice Note

This Practice Note is based on material originally produced by Tolley and is maintained by Lexis®PSL. When the estate of a deceased individual is being administered, the...

Practice Note

This Practice Note was originally produced in partnership with Tolley Guidance and is now maintained by Lexis®PSL. On an individual's death, the personal representatives...

Practice Note

On an individual's death, the personal representatives (PRs) will generally wish to calculate and settle the inheritance tax (IHT) liability in order to obtain the grant...

Practice Note

FORTHCOMING CHANGE: As originally announced at Autumn Budget 2017 and followed up by written statement after Spring Statement 2018, plus an announcement in Budget 2018,...

Practice Note

Income tax When an individual dies, their estate is liable to income tax on the income that arises in the period starting on 6 April before death and ending with the date...

Practice Note