HilaryJW

My two siblings and I were beneficiaries of a Discounted Gift Trust which was surrendered in full following the death of the settlor. We are all basic rate tax payers and each received approx £25k in October this year. We have now received a Certificate of Chargeable Event and would appreciate clarification as to whether we need to register for Self Assessment. If so, we presume this will not be required until the new tax year?