Aidey G

Hi and many thanks for your replies - much appreciated. Can I just ask whether the agents fees/outgoings for the property can be deducted from the estate for the purposes of that tax bill or does that only apply to my finances after probate? Kind regards Aiden

Apologies also 4: as the property is managed by an Estate Agent are their charges tax deductible? Many thanks

Hi, I have inherited a property and have been renting it out. I finally attained Probate in December and am about to change the name on the title deeds to my own. My couple of questions are.. 1: Am I correct in thinking the tax due is from the estate and this is from the date rental income began until I attain Probate or is this until the name is changed on the title deeds? 2: My 2 daughters were left a small provision in my Mother's will but she did not have enough savings for this to be fulfilled. Can these amounts be deducted from the rental income before tax is due from the estate? 3: Lastly How do I declare to HMRC the rental income that will now be going to myself? Many thanks for any help and advice. Kind regards Aiden