Alex Dixon

I am the executor for an estate, I have paid all inheritance tax, I have received a HMRC clearance certificate and distributed the estate, I have now received some interest from the savings account the estate was in whilst it was waiting to be distributed. I am not clear if I need to declare this to HMRC and pay more inheritance tax on this or if I can distribute this and all beneficiaries pay there own tax on this. Can anybody help with this please.