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Forum > Assets & Liabilities > Capital gains after death
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Date Posted:
27-Aug-2013 15:26:06
Capital gains after death

Any gains made by the estate will also be liable for tax during the period of administration from the date of death to the end of the distribution of the estate. If the deceased’s assets are sold for more than their value at the deceased’s death, with a gain of more than the annual allowance (£10,600 for the tax year 2011/12), there may be capital gains tax to pay.
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