I am preparing a tax return for an Estate. I'd like to notify HMRC that all assets have been distributed and the estate has been wound up. However there are some low value shares (included in the probate docs) which have not been realised as the disposal costs would outweigh the value and have for all intents and purposes been written off. If I explain this to HMRC are they likely to treat the estate as having been wound up?
Replies (1)
Please login or register to join the discussion.
Can you not gift them to charity, I think there used to be a mechanism years ago, see this link.
http://www.shareview.co.uk/4/Info/Portfolio/default/en/Home/Shareholders...