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Help for advisers in the voluntary sector
HMRC have updated their guidance ‘Bereavement and tax – Guidance for advisers in third sector and voluntary organisations’.
Aimed at advisers in the third sector and voluntary organisations who may be in contact with recently-bereaved citizens, it addresses the most common concerns that people have about sorting out the tax affairs of the deceased, their estate and the impacts of a death on the tax position of widow(er)s, surviving partners and other family members.
The document is intended to be general guidance only, and deals mainly with income tax and capital gains tax.
