Tax on Interest After Death

sheffix2

My father died in October 2022 & we have finally sold his house. As executor I now have to finalize the estate accounts prior to distribution to beneficiaries & would welcome your advice. The estate has no IHT to pay.
Since his death his savings have been gaining interest in the executor account. Do I need to declare this interest to HMRC? If so is there a form to use or do I just write? Does it matter that the interest spans two tax years 22/23 & 23/24 or is it simply calculated from date of death to the end of administration? 
Also can anyone recommend an outline or template for the Final Estate Accounts?
Thanks again for all your great help over the past months.

Keep_pedalling

Each year should be treated separately. Estates do not get a personal allowance and any interest over £100 needs to be declared.

You can pay any tax owed by writing to HMRC, a return will only be needed for complex tax situations.

https://www.moneyhelper.org.uk/en/family-and-care/death-and-bereavement/calculating-and-paying-tax-after-someone-dies#:~:text=Interest%20and%20dividends%20from%20savings,Income%20Tax%20from%20the%20estate.

polar_pig

Keep_pedalling said:

Each year should be treated separately. Estates do not get a personal allowance and any interest over £100 needs to be declared.

K_P has the threshold gone up now? This suggests £500:

https://www.gov.uk/probate-estate/reporting-the-estate

Keep_pedalling

polar_pig said:

Keep_pedalling said:

Each year should be treated separately. Estates do not get a personal allowance and any interest over £100 needs to be declared.

K_P has the threshold gone up now? This suggests £500:

https://www.gov.uk/probate-estate/reporting-the-estate

I was going from memory so it does appear to have gone up.