Income Tax & CGT - A Guide to Death & Estate Administration

This comprehensive course, "Income Tax and CGT - A Guide to Death and Estate Administration," provides a deep dive into the tax implications and compliance requirements involved in the administration of deceased estates. Designed for tax professionals, estate planners, and legal advisors, this course covers the essential aspects of income tax and capital gains tax (CGT) from the year of death through the administration period.

Participants will explore:

• Detailed treatment of income and capital gains up to the date of death.
• Taxation of estate income during administration.
• Valuation methods for CGT purposes and taxation of asset disposal.
• Handling administration expenses and beneficiary distributions.
• Practical compliance procedures and documentation requirements.

Using real-world case studies, the course ensures practical understanding and application of complex tax scenarios. Attendees will gain the knowledge to navigate HMRC reporting requirements and effectively manage outstanding tax issues, ensuring thorough and compliant estate administration.