Mark Taylor

Hi everyone. I’m currently awaiting the Grant Of Probate for my late Father’s Estate. Four weeks after I submitted the Probate application, a part of the estate was purchased ( subject to probate, contract etc), which if it happened before the application was made, I would have given a higher figure than the one I gave- which at the time was suggested by the Estate Agent. We have now received a significant offer for the remainder of the Estate and this, of course. will affect the amount of CGT payable. IHT is not an issue here as we are within the threshold. Can the Probate valuation be amended at this stage, or should I explain the situation to HMRC when I submit my CGT return? Thank you. Mark