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Self Assesment and a recent death
Mr_Falling_Star
Posts: 2,849 Forumite
in Cutting tax
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
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.....
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Mr_Falling_Star wrote: »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.0
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