Commentary

I4.554 Adjustments after the administration period

IHT, trusts and estates

I4.554 Adjustments after the administration period

I4.554 Adjustments after the administration period

After the end of the administration period, it may become clear that there is a beneficiary:

  1.  

    (a)     who ought to have been charged to tax on estate income for a tax year or accounting period who has not been charged for that year or period; or

  2.  

    (b)     who has been charged to tax on estate income for a tax year or accounting period for which he should not have been charged; or

  3.  

    (c)     who has been charged to tax on estate income for a tax year or accounting period but should have been charged

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