linneah88

I'm asking for advice on completing her UK tax return. She would have been reporting foreign bank interest in previous years, but I don't have the information without paying a lot of money to find out. Is there a penalty/is it illegal for not knowing this information (given the US doesn't class me as executor)?

My aunt spent her working life in the US, returned to the UK for retirement. She has a UK will, probate is approved in England, but she has an American bank account and we've realised the US do not recognise international wills. I have to submit a UK tax return as she had money coming in from her US state pension, and I assume some money coming into her UK account were probably payments from the American bank account as well (not many though). I need to pay £12,000 to a US lawyer to get executor status in the US to even be allowed to know how much is in the bank - and I doubt there is that much money in it to break even after that, taxes and transfer fees. Question is, as UK executor do I need to pay this £12k (money I don't particularly have) to make sure her UK tax return is accurate, or can I leave the US bank account be by explaining I'm not accepted as an executor in the US except for an extortionate cost? I can only think her UK tax return might have a high tax rate applied to it if I'm allowed to do this.

Started paying into 'One Retirement' Aegon account partway through 23/24 tax year - I think it's a PPR, not RAR, as pension certificate is showing £15 'pension tax relief immediate' with each month's payment of £60. In the 01 box am I putting in my 8 x £60 amounts (£480) or do I add the 8 x £15 (£130) tax relief amounts as well?