Scarlet2023
Joined: 5/9/2023
-
Monetary Gift from Deceased Father's/Grandfather's Estate
Hello. I would like some advice please. My adult children and I received monetary gifts from my late father's estate. Do we need to inform HMRC of these gifts and if so what forms do we need to fill in and send to HMRC? (My father passed away in December 2021 and we received the money in the 2022/23 Tax Year}.