Our Success is in our members who value our strength as a valued community.
Forum Stats
12330 Members
65 Forums
73261 Topics
989326 Posts
102 posts in the last 24hrs
Max Online: 7831 @ 8th Apr 2013 4:18pm
Who's Online - Click Me
69 registered (alan128, 14 invisible), 1347 Guests and 269 Spiders online.
Key: Admin, Global Mod, Mod
Social Media : Follow Us


(Views 7days)This Weeks Most Read
Bexit Offer for EU Citizens 542
Washing machine 279
Range Rover P38A Air Suspension Help Needed 219
Loving Home Wanted For 3 Cats. 195
Deja Vu, Lightning Strikes Thrice, Groundhog Day 168
Benefit Cap is Unlawful 147
VW t4 fixed side window replacement 125
audi specialised pls 88
Ipad 1 charger 46
Kingsway Academy 17
New General Forums
Kingsway Academy
by lincle
Today at 10:48 AM
Theresa May and the Holy Grail
by snowhite
Yesterday at 06:17 PM
Deja Vu, Lightning Strikes Thrice, Groundhog Day
by fish5133
22nd Jun 2017 7:38pm
Ant and Dec
by cools
18th Jun 2017 2:11pm
New Wirral History
Round the Wirral with a movie camera[1934]
by snowhite
16th Jun 2017 2:03pm
Bascule Bridge
by Sufee
6th Jun 2017 9:09pm
Pathe news short - merseytunnel 1934
by oldpm01
5th Jun 2017 1:57pm
1878 Post Office Directory of Cheshire query
by derekdwc
1st Jun 2017 10:41pm
Bakery at 275 Poulton Road 1925 onwards
by JAFitz
30th May 2017 8:59pm
Forum Tips
Photo Gallery Forums
wirral from Liverpool big wheel
New Brighton Big Wheel
Topic Replies
Bexit Offer for EU Citizens
by cools
Today at 11:27 AM
live webcam from africa, a must see
by cools
Yesterday at 09:01 PM
audi specialised pls
by diggingdeeper
Yesterday at 05:41 PM
Ipad 1 charger
by madrob
Yesterday at 02:34 PM
What song are you listening to?
by snowshoes
Yesterday at 01:34 PM
Sailing volunteers
by dogsbrain
Yesterday at 01:11 PM
Finsbury Park mosque.
by Beethoven
Yesterday at 11:03 AM
Loving Home Wanted For 3 Cats.
by lincle
24th Jun 2017 12:03pm
60 KG Weights set & exercise bars FOR SALE £40 !!
by GaryFromWirral
24th Jun 2017 10:25am
June
M Tu W Th F Sa Su
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30
Recent Posts : What's On ?
Shotwick - Old And New (Hall and Solar Farm)
by diggingdeeper
18th Jun 2017 11:41am
Sefton Park
by diggingdeeper
17th Jun 2017 7:28pm
Topic Options
Rate This Topic
#807800 - 15th Jul 2013 4:51pm Council Agree New Death Tax
Mark Online   Reading


Wiki Master

Registered: 9th Nov 2003
Posts: 21062
Loc: Wirral
Wirral Councilís Cabinet Agree New Death Tax

http://johnbrace.com/2013/07/15/wirral-councils-cabinet-agree-new-death-tax/

I cant find the actual article but I was under the impression that debt dies with you ?

Article posted 15th June
_________________________
My Avatar images are all from the Wirral Gallery.Click Me
Wow Wirral History is coming along Great! Wirral History

we get +200 new members a month now smile

Top
Google Ads
#807806 - 15th Jul 2013 5:14pm Re: Council Agree New Death Tax [Re: Mark]
venice Offline

Forum Master

Registered: 21st Jul 2011
Posts: 2748
Loc: Wirral
No, not as a general rule I dont think. For probate you have to fill in debts owned by the deceased , to be taken into account as going out from the estate before its assessed for tax.

Some taxes die with you though, like Capital Gains Tax.

Top
#807807 - 15th Jul 2013 5:30pm Re: Council Agree New Death Tax [Re: Mark]
rossie Offline
Addict

Registered: 7th Oct 2011
Posts: 277
Loc: moreton
If your assets are disposed after death there is no capital gains tax to pay but if you suffered capital gains tax prior to death the estate has to pay the tax.
Other debts come out of deceased estate after funeral expenses if nothing left family do not have to pay the debts which is were the misunderstanding that your debts die with you comes from.

Top
#807836 - 15th Jul 2013 6:44pm Re: Council Agree New Death Tax [Re: Mark]
Mark Online   Reading


Wiki Master

Registered: 9th Nov 2003
Posts: 21062
Loc: Wirral
Ahhh Thanks Rose
_________________________
My Avatar images are all from the Wirral Gallery.Click Me
Wow Wirral History is coming along Great! Wirral History

we get +200 new members a month now smile

Top
#808133 - 16th Jul 2013 10:05pm Re: Council Agree New Death Tax [Re: Mark]
level80 Offline
Beginner

Registered: 16th Jul 2013
Posts: 4
Loc: Wirral
The executor of the will decides on whether the debts are valid, if so they are paid from the assets of the estate.

Top

Moderator:  Mod 
Random Wirral Images

Click to View Topic.
Newest Topics
audi specialised pls
by Little_B
Yesterday at 05:02 PM
Bexit Offer for EU Citizens
by granny
23rd Jun 2017 9:38am
Benefit Cap is Unlawful
by RUDEBOX
22nd Jun 2017 7:37pm
VW t4 fixed side window replacement
by Mike72
22nd Jun 2017 8:00am
Range Rover P38A Air Suspension Help Needed
by Martin1943
20th Jun 2017 8:06pm
For Sale & Free
Ipad 1 charger
by madrob
02:34 PM
Washing machine
by GingerTom
20th Jun 2017 9:05pm
22" full 1080p hd and freeview tv
by monsterz4
20th Jun 2017 8:50pm
Apple TV box the 1gen
by monsterz4
20th Jun 2017 8:48pm
42 lf smart tv
by stumpyduck
20th Jun 2017 8:15pm
Featured Member
Registered: 30th May 2017
Posts: 3
Newest Members
OwenChristian, DaveAitch, Fairz87, mikerobbo84, Robbo1960
12330 Registered Users
Today's Birthdays
turnip (26)
New Wirral Info
Shotwick - Old And New (Hall and Solar Farm)
by diggingdeeper
15th Jun 2017 10:19pm
Sefton Park
by diggingdeeper
15th Jun 2017 10:02pm
Property Law
by lau2908
14th Jun 2017 8:04pm
van driver needed
by futurepast
14th Jun 2017 7:34pm
Sailing volunteers
by dogsbrain
14th Jun 2017 4:31pm
News : New Topics
Bexit Offer for EU Citizens
by granny
23rd Jun 2017 9:38am
Benefit Cap is Unlawful
by RUDEBOX
22nd Jun 2017 7:37pm
Finsbury Park mosque.
by Beethoven
19th Jun 2017 11:42am
Grenfell Tower - Notting Hill
by diggingdeeper
14th Jun 2017 5:13am
Manchester airport
by Dilly
9th Jun 2017 6:01pm
New Enthusiast Forums
audi specialised pls
by Little_B
05:02 PM
VW t4 fixed side window replacement
by Mike72
22nd Jun 2017 8:00am
Range Rover P38A Air Suspension Help Needed
by Martin1943
20th Jun 2017 8:06pm
Loving Home Wanted For 3 Cats.
by DavidC
20th Jun 2017 8:32am
Loving Home Wanted For 3 Cats.
by DavidC
18th Jun 2017 6:02pm
(Views 24hrs)Trending Newest Topics
audi specialised pls 88
Kingsway Academy 17
Wirral Sunrise Sunset
Sunrise Mon 4:45am
Sunset Mon 9:45pm
Local Time Mon 4:46pm
WikiWirral Can . . . .