We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
Should I be paid as an executor of a will
Comments
-
Don't forget to add as expense your miles done in your car at 45p/mile in connection with executors duties plus any car park charges (45ppm being the HMRC rate for self employed people using their own car for business purposes - so no one can get arssy about the rate)
Also all phone calls - I downloaded my itemised bill of my online BT account and listed in exact detail those executor related ones.
Plus stamps, stationary, photocopies.
It's more difficult claiming meals out as the argument against justifiably is that you would need to eat anyway so it's not solely in connection with your executor duties
If the property you were visiting to clear was effectively uninhabitable/hazardous to health by being a mess/filthy I think you would have more justification in claiming for a meal out.0 -
Is it only the executor personally who can claim expenses, even if they ask someone else to do some duties, like visiting property, making phone enquiries? Or are subbed expenses allowed?
Eg, elderly parent executor, but adult child does all the "running about"?How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)0 -
Is it only the executor personally who can claim expenses, even if they ask someone else to do some duties, like visiting property, making phone enquiries? Or are subbed expenses allowed?
Eg, elderly parent executor, but adult child does all the "running about"?
The executor cannot claim anything for their time, only out of pocket expenses. They can however instruct someone else to do some or all of the work on a per hourly or fixed fee basis, and that will be paid as an expense of the estate. The other person would have to submit a bill for their work to the estate (and of course declare it for tax purposes).A kind word lasts a minute, a skelped erse is sair for a day.0 -
Is it only the executor personally who can claim expenses, even if they ask someone else to do some duties, like visiting property, making phone enquiries? Or are subbed expenses allowed?
Eg, elderly parent executor, but adult child does all the "running about"?Owain_Moneysaver wrote: »The executor cannot claim anything for their time, only out of pocket expenses. They can however instruct someone else to do some or all of the work on a per hourly or fixed fee basis, and that will be paid as an expense of the estate. The other person would have to submit a bill for their work to the estate (and of course declare it for tax purposes).
But if the other person does the work for free, they can be reimbursed for their expenses and those wouldn't have to be declared.0 -
But if the other person does the work for free, they can be reimbursed for their expenses and those wouldn't have to be declared.
Take the following example:
Your elderly parent is executor of an estate based 100 miles away, they don't/can't drive, and ask their child (adult) if they can visit the property, on their behalf, to make a start on clearing the house, and bringing valuable/personal items back with them.
Can the "child" claim the 45ppm against the estate for the 200 mile round trip (plus overnight expenses if applicable)?How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)0 -
But if the other person does the work for free, they can be reimbursed for their expenses and those wouldn't have to be declared.
They would have to be declared as taxable income.
As the other person is doing the work for free, the expense isn't incurred in the course of business or employment and the reimbursement is taxable, not tax-free.A kind word lasts a minute, a skelped erse is sair for a day.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
