Do trust offices deal with administration periods?

Frequently Asked Questions

Not usually: The deceased person's tax office will deal with the estate's tax affairs except in the following circumstances:

  1. If a trust has been created by the will or under the rules of intestacy, the relevant IR Trusts office will normally be responsible for the tax affairs of the estate.
  2. If no trust is created by the will or under the rules of intestacy, then

- if the personal representative is a bank or other financial institution, IR Trusts Manchester will be responsible for the estate.

- if the personal representative is a Scottish bank or other Scottish financial institution, IR Trusts Edinburgh will be responsible for the estate.

- if the administration period tax liability is over £10,000 (i.e. the personal representatives have indicated that they will receive untaxed income in excess of £45,000) or the case is regarded as complex (see below), IR Trusts Edinburgh will take responsibility for it.

We regard a deceased estate as complex if:

- the tax liability for the whole of the administration period is more than £10,000, or

- the estate has a value at the date of death in excess of £2.5m, or

- the proceeds of assets sold by the personal representatives exceed £250,000 in any one tax year, or

- the administration of the estate extends beyond the end of the second full tax year from the date of death

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