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!
CGT on a property as Executor or Individual
Mosef41
Posts: 18
Forumite
in Cutting tax
Hello I hope you can help.
We have sold our parents property which we inherited and now need to pay CGT. We did not transfer the property to our names. However we have been told that when we were granted probate, the property automatically transferred to us as owners. We are now in a dilemma as to whether we should be paying CGT as individuals or executors. Thanks in advance for any help or advice.
We have sold our parents property which we inherited and now need to pay CGT. We did not transfer the property to our names. However we have been told that when we were granted probate, the property automatically transferred to us as owners. We are now in a dilemma as to whether we should be paying CGT as individuals or executors. Thanks in advance for any help or advice.
0
Comments
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.8K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.3K Work, Benefits & Business
- 605.9K Mortgages, Homes & Bills
- 179K Life & Family
- 263.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards