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Tax during administration period of an estate - ns&i cash ins

Practical Issues
Bouleversee
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Tax during administration period of an estate - ns&i cash ins

#207244

Postby Bouleversee » March 12th, 2019, 5:15 pm

I completed the administration of my late husband's estate during the previous tax year and submitted the tax return in the form of a letter which is allowable for simple estates. There is some tax to pay on interest and dividends (no allowance) because it all took so long and it was before the law changed but capital gains were less than the allowance. I had claimed brokers' expenses but was told these were only allowable against c.g.t. which I found surprising. I presume I have been given correct information and will pay up but if anyone knows otherwise, I would appreciate your comments.

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