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Income Tax Liability

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fbg40 | 11:32 Tue 24th Feb 2009 | Personal Finance
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Hi
My wife's cousin died in January of 2008 and was self employed. Her Daughter who inherited the house has now had a letter from the Inland Revenue saying the her late Mother owed the "Taxman" �3000 and that she is now liable for this amount. Can anybody please advise on this matter, with regard to her liability.
Many thanks
FBG40
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if this is right i would assume it is the estate of the deceased person who owes the money not the daughter personally
All the deceased's debts should be paid out of the assets in the estate, & it is the job of the executor to deal with this. The house was presumably an asset. If it was the only one then, as the beneficiary of the house, she would have to pay. If someone else was executor & there were other assets she needs to discuss this with the executor.

She also needs to get info. from HMRC showing how they have calculated the amount due.
I agree with the above two postings

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Income Tax Liability

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