Selling an inherited property abroad

seezed

My mother was a German National living in Germany and passed away two years ago. As a result my sister, who is also a German National living in Germany, and I inherited my mother's apartment in Germany. It has been empty since her death and we have decided to sell. I am British living in England and have no idea what I am expected to do with regards to declaration here in the UK or Germany for that matter, and whether as a British National I have to pay tax on the sale of the property and whether tax is due in either Germany or the UK or indeed both. I earn around £20k pa so not sure what implications that has on things. Any advice would be gratefully received. Thanks

davidmcn

I wouldn't have thought there would be any UK tax implications, on the basis that if the property had been in the UK you'd get the proceeds tax free (the executors having dealt with any Inheritance Tax liability), unless perhaps there's been a significant capital gain since the date of death. Perhaps your sister is in a better place to check on German procedures and taxes, or you can find a German forum, we only really have much knowledge about UK properties here.