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Tax on Interest

sheffix2 · 2025-02-01 11:14:17

Hi - I'd be grateful for your help. I was Executor of my Dad's estate & his savings were in various NS&I products. Since the value was over £85k I set up a Direct Saver with them to transfer the funds as they were released. I referred to it as the Executor Account throughout the process but it was in my name. The account…

Comments

sheffix2 Posts: 30 Forumite

22 August at 9:30AM

Unfortunately this issue remains unresolved despite letters and phone calls. Has anyone else had to deal with HMRC on this or will the same amount of tax on interest have to be paid twice both on the estate's behalf & the executor's own personal account (which seems unfair). Grateful for any help.

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