Capital gains tax / inherited property

jack2020

Looking for some advice please . If I am liable for capital gains tax on an inherited property, would this be requiring the help of an accountant or is it a straightforward thing I could do myself . I also would like some advice re: the date of death valuation which is used for the calculation as this has been set considerably low by the administrator of the estate to my detriment and how would I go about challenging this ? 

eskbanker

Is this the same property as discussed on this thread?

https://forums.moneysavingexpert.com/discussion/6362699/estate-administration-problem-advice-required

Conscious it's an old thread but it contains more detail that may assist responders, so might be worth restarting rather than having to explain everything again?

Keep_pedalling

Not much you can do with regards the original valuation as it was 10 years ago, and you only have 7 years to correct an IHT valuation. 

Bookworm225

given the mess the estate is in it might be worth paying an accountant, particularly as it appears legal ownership remains in the name of the (intestate) estate so the sale will be an estate sale (with no allowances) and the fact rental income has been received at some stage in the 10 years since death may need revisiting as to who declared it and paid tax on it 

however, as stated above, far too late now to get the probate valuation altered.