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capital gains tax

charlie2015 · 2016-04-19 17:23:07

I wonder if anyone can help me . I have asked a similar question before some time ago .my father died in feb 2o15 .the PRS swore under oath on probate that my fathers assets were £550 000 when they knew they were £625000 .this left the beneficeries with a CGTAX bill on the £75000 difference this has been going on now for…

Comments

troubleinparadise Posts: 1,120 Forumite

21 April 2016 at 3:04PM

Antrobus: "I think you have missed the point. The PRs undervalued the property at probate, thereby increasing the amount of tax that needs to be paid. That's why the OP is complaining about it; he's going to get less money."

That was my poor attempt at irony

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