📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Self Assesment and a recent death

Hi there


In the last week my Mum has passed away. It has been a very confusing time for everyone and I am in the process of getting everything sorted. She had been paying a lot of Tax through her private pension, in fact a great deal more than you would normally (her tax code is K595) hence I have not been to worried about Tax. However on going through her papers she has a rental income from a property she took over when my Dad passed away earlier this year. On reading the GOV.UK site it seems that this is taxable income which is fair enough, I want to pay it but I also realise that it it is probably to late to register for self assessment for this tax year as the deadline is Jan 31st. Any suggestions on how to proceed? Is it something I can do myself or is it something a solicitor would sort out when completing the will/probate etc?


Thanks in advance
The World come on.....

Comments

  • Hi there


    In the last week my Mum has passed away. It has been a very confusing time for everyone and I am in the process of getting everything sorted. She had been paying a lot of Tax through her private pension, in fact a great deal more than you would normally (her tax code is K595) hence I have not been to worried about Tax. However on going through her papers she has a rental income from a property she took over when my Dad passed away earlier this year. On reading the GOV.UK site it seems that this is taxable income which is fair enough, I want to pay it but I also realise that it it is probably to late to register for self assessment for this tax year as the deadline is Jan 31st. Any suggestions on how to proceed? Is it something I can do myself or is it something a solicitor would sort out when completing the will/probate etc?


    Thanks in advance

    ‘This tax year’ - as in 2018/19? The deadline is 31 January 2020. Please confirm when your Dad passed away.

    Hopefully this will reassure you at this sad time.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.6K Work, Benefits & Business
  • 600K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.