What happens to someones tax affairs when they die?
Personal Representatives are responsible for ensuring that the deceased’s tax affairs are settled to the date of death. As part of the administration of the Estate, the Personal Representatives submit a return to H M Revenue & Customs dealing with Income Tax and Capital Gains Tax to the date of death. Personal Representatives also deal with all tax affairs ‘going forwards’ from the date of death. This typically means submitting an Inheritance Tax return and also paying any Income Tax & Capital Gains Tax for the period of administration.
