Inheritance lump sum from abroad

Post a reply

Postby mamba on Fri Feb 24, 2006 5:21 am

I will shortly be receiving a lump sum payment of approx £25,000 from my late fathers estate in South Africa. Will I need to declare this in my annual self-assessment form and will I need to pay tax on this amount?
mamba
 
Posts: 3
Joined: Wed Aug 06, 2008 3:35 pm
Top

Postby Lee Young on Fri Feb 24, 2006 7:17 am

No and no.
Lee Young
Solicitor, Chartered Tax Adviser and Trust and Estate Practitioner

Partner, Frettens LLP
leeyoung@frettens.co.uk
01202 491701
Lee Young
 
Posts: 2740
Joined: Wed Aug 06, 2008 3:26 pm
Top
Post a reply

Return to International

Hitwise Award Winner Apr-Jun 2008 Hitwise Award Winner Jul-Sep 2008 Hitwise Award Winner Oct-Dec 2008 Hitwise Award Winner Jan-Jun 2009 Hitwise Award Winner Jul-Dec 2009 Hitwise Award Winner 2011 Alexa - Most popular news and media website

TaxationWeb Limited (Registered in England No. 4571386), 6 Coleby Avenue, Peel Hall, Manchester, M22 5HH, United Kingdom

Information which you supply whilst using this website may be held in our computer records and may be used to send you information which we think might be of interest to you. If you do not want your information to be used for such purposes please write to us at: 6 Coleby Avenue, Peel Hall, Manchester M22 5HH, UK, or email us

Website by Dorifor Internet Marketing | Powered by phpBB

Dorifor Internet Marketing Dorifor Tax Group - our portfolio of tax sites:

UK's largest independent tax portal All the tax books on one site global tax seminars, conferences and other events Global tax jobs portal List of UK recruitment agencies and employers