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

To familiarise participants with the tax compliance and procedures required  when dealing with a deceased person for income tax and capital gains tax.  The session considers the tax position in the period to date of death and during the administration of the estate.

Practical exercises are an integral part of this course.

The course will include:

• Treatment of income in tax year of death and reporting
• Treatment of capital gains in tax year of death
• Taxation of income in the estate administration period
• Valuation for CGT and taxation of gains in the estate administration period
• Expenses during the administration period
• Distributions to beneficiaries
• Administration and forms