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Reclaiming income tax deducted after death
stgermain
Posts: 19 Forumite
in Cutting tax
Morning All,
My father died in May 2019, a few months after my mother, and I am the executor of the estate. My father received some PPI compensation in the months after he died, from which income tax was deducted at source. Can I reclaim the income tax that was paid?
Thanks
My father died in May 2019, a few months after my mother, and I am the executor of the estate. My father received some PPI compensation in the months after he died, from which income tax was deducted at source. Can I reclaim the income tax that was paid?
Thanks
0
Comments
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No, tax is due at 20% (it would only have been deducted from the interest element of the PPI refund, not the actual PPI refund).
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Hi, thanks for the response. When you say I cannot reclaim the tax paid, is this because my father is deceased as I understand plenty of people do and have reclaimed the income tax paid otherwise?0
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It's because it is income paid after death and the tax due on that income is 20%
https://www.litrg.org.uk/tax-guides/bereavement/how-does-personal-representative-deal-income-and-capital-gains-arising-after1 -
Thanks. That clears it up.1
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