Paul171224

My Father passed in July 2023, I’m the Executor of his Estate and opened an Executor account in Sept 2023. My Probate was granted in March this year (2024), there was no IHT liability due to the size of the Estate and allowances applicable. I completed the sale of his house in Nov (24) and although it sold for more than the Probate value, there was no CGT tax liability due to CGT allowance (£3,000) & selling costs (£7,619.70). I would like to finalise distribution to the beneficiaries, but my only consideration now is what tax I must pay against the interest (£2,516.85) that my Executor Account has it accrued since it was opened. Any advise would be gratefully received.