yardleypete Jones
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Estate executor I did not reassign bonds and incurred a chargeable gain. Can I appeal
I am the executor to my late father's estate and have made a stupid mistake. My father had two bonds which were subject to income tax. I did not realise that the bonds should have been reassigned to allow top slicing. I did not ask them them to be reassigned before encashment and they have now caused a sizeable tax liability on my tax for the financial year and for my sister, as benificiaries. Will HMRC allow an appeal to now reassign the bonds and allow top slicing?