Commentary

I4.531 Income and gains arising before death

IHT, trusts and estates

I4.531 Income and gains arising before death

Personal representatives

I4.531 Income and gains arising before death

The personal representatives of a deceased person are liable for the tax chargeable on the deceased, and may recover any payments made out of the assets and effects of the estate1. Their liability in this respect is therefore limited to the assets of the deceased which passed to them on the death2. If they neglect or refuse to pay the tax, they may be proceeded against in the same way as any other defaulter3.

Where the death occurred before the due date for payment of the tax, and the personal representatives

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial