EFFECTIVE TREATMENT OF INCOME TAX AND CGT IN ESTATES
Aim:
To clarify the correct treatment of income and gains in the administration of an estate and provide guidance
Outcome:
Participants will be aware of deadlines, dates and procedures when dealing with income tax and CGT in estate administration
Agenda:
-
Income tax
- To date of death
-
During the administration period
- from the PRs’ perspective
- from the beneficiary’s perspective
- Dealing with HMRC
- Capital Gains tax
- Key principles
- Appropriation and disposal
- Risks and problem areas
