FAQs - Administration Periods

Q. What tax rates apply to estate income?

A. This depends on the type of income. The rates are:

    (a) Untaxed dividends are charged at 10%.
    (b) Untaxed interest and other investment income are charged at 20%.
    (c) Rents and business profits are charged at 22%
    (d) Capital Gains are charged at the rate applicable to trusts, which is 40% from 2004/2005

Estates are not chargeable to either the starting rate or the higher rate of income tax, as these apply only to individuals.