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Jim Sawer Answers A Question In Moneywise On The Workings Of The Inheritance Tax Annual Exemption For Money Gifts
Accountancy pre- and post-death income tax and CGT fees and tax these can vary from £500 as much as say, £5,000 plus VAT. Again we would only ever incur such charges in consultation with the executors / administrators’ prior consent. Any tax payable is separate and can be payable from the property, but the accountants would advise on this. Pre-death earnings tax and CGT work and the property earnings tax and CGT work will be liaised upon along with an accountant .
