Inheritance Tax question - Council tax

Euromoney · 19 October 2018 at 9:15AM

If someone dies and their property continues to be lived in by a beneficiary, does the unused amount council tax on balance of deceased have to be declared as part of estate to HMRC? Even if it has been transferred to beneficiary ?

Keep_pedalling · 19 October 2018 at 10:30AM

If you are not reclaiming anything then no need to declair it.

Owain_Moneysaver · 19 October 2018 at 11:07AM

Yes, on the IHT205/400. It's an asset to the estate as at the date of death.

Euromoney · 19 October 2018 at 12:53PM

Yes it is not being reclaimed. How does this affect things ?

Dox · 19 October 2018 at 1:26PM

It's an estate asset, even if it has been transferred to the beneficiary rather than being reclaimed.

Inheritance Tax question - Council tax

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