Inheritance Tax Returns
If you inherit money, property or other assets from someone when they die, in most cases, you won't immediately have to pay tax on the legacy. However, you might have to pay income tax if whatever you inherit generates income for you. If you go on to sell, exchange or give away whatever you've inherited and its value has risen since the person died you may have to pay capital gains tax.
We can provide you with guidance in this area and assist you in completing your tax returns in respect of inheritance.
If you would like to know more about inheritance tax returns or would like to arrange a free initial meeting to discuss in more detail how we can help you, please contact us.
See also our our Resoures section, in particular the Advisory Guide on Inheritance Tax - An Introduction.