Is interest received after probate granted still estate income?

Gervan

Registered User
Messages
1,158
I am the executor and sole beneficiary of my husband's estate.
Probate was granted on 28/02/2019. Is the deposit interest (DIRT was applied) received after this date, on money that was in his accounts, income of his estate or my income, for tax purposes?
The amounts are very small.

On an earlier thread in the Wills section, the advice for making tax returns for a deceased's estate said the first step was to apply for a new PPSN on Form TR1. I have the form, but am unclear as to whether I am registering 1) an individual, or 2) a partnership, trust, or unincorporated body. My husband is not exactly either.

Thanks for any advice.
 
If the amounts are very small, is there any real point in seeking a new PPS number?

My understanding is that the income post death is treated as income of the Personal Representative- but it is separate from your own personal income.

Hope that helps

mf
 
Back
Top