Capital Gains Tax and Inheritance Tax - National Residential

Property News UK

Capital Gains Tax and Inheritance Tax

Capital Gains Tax and Inheritance Tax

If a loved one has passed away and you have inherited their property, life can often be difficult enough without the additional stress associated with having to deal with issues of Inheritance Tax or Capital Gains Tax.

Fortunately, there are sources of advice and support available to you, should you find yourself in this position:

  • The UK Government website provides useful information on both Inheritance Tax and Capital Gains Tax, and is a great starting point if you are looking for advice on these issues.
  • The Citizens Advice Bureau, whether you visit them in a branch, or contact them via webchat from their website or by telephone (03444 111 444 in England or 03444 77 20 20) can provide helpful advice and support on a number of issues, including tax queries.
  • An Independent Financial Adviser – if you have your own trusted Financial Adviser, they should be able to provide you with information about Capital Gains Tax and Inheritance Tax, as well as give you more information about how these issues may impact on your unique financial circumstances. If you are looking for a new Financial Adviser, check that they are registered with the Financial Conduct Authority so that if things go wrong, you have access to the Financial Ombudsman Service.

Whatever you decide to do with your inherited property, make sure that you have received adequate legal advice about any tax liability that you may have – although it may seem overwhelming now, you will definitely benefit from the knowledge in the long run, and hopefully avoid any nasty tax-related surprises in the years to come!

National Residential logo icon The Online National Residential Agency: Best Price Possible & Quickest Sale - guaranteed

Contact Us

Find out how

We Can Help You

We will call you back within 24hrs
Data Protection Act
Registered Controller
No. ZA081795

National Residential properties
sell your house for 100% of market value in 28 days

Sales Enquiries:

Tel: 0800 612 8659  (24/7)

Office Hours

  • Monday-Thursday: 9am - 6pm
  • Friday: 9am - 5pm
  • Saturday: 9am - 1pm
  • Sunday: Closed

Just A Few of The Places We Advertise

National Residential Google Reviews
Arrange A Callback