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Renting out Deceased's property without Probate being carried out

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  • Tom99
    Tom99 Posts: 5,371 Forumite
    1,000 Posts Second Anniversary
    Malthusian wrote: »
    Only if their total income, after deducting the costs of the property, is above their Personal Allowance.


    [FONT=Verdana, sans-serif]The decease's estate does not have any personal allowance so if the property is still in the decease's name all the rent will be taxable.[/FONT]
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Tom99 wrote: »
    [FONT=Verdana, sans-serif]The decease's estate does not have any personal allowance so if the property is still in the decease's name all the rent will be taxable.[/FONT]

    The income can be assigned to the beneficiary as their income.
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