Inheriting money and income tax

[ringer]

My husband inherited a sum of money through a deed of variance. Will he have to pay income tax on this? No inheritance tax was paid because the total of the estate was below the threshhold.
I'd be grateful for any help - thanks

[dancecaller]

I dont think that you pay income tax on gifts.
That money would be capital not income.

[themas]

Definitely no income tax - as Dancecaller says, it is capital.

[dzug]

However once he invests it he will have to pay income tax on the interest - but no tax on the inheritance itself.