Inherited property CGT · Reviewed £199

Sold an inherited
UK property?
The 60-day clock is running.

CGT is charged on the rise since probate value, and the return is due within 60 days of completion. We prepare it from your documents and a Chartered Accountant/Chartered Tax Advisor signs and files it as your agent.

Chartered sign-offTypically 1 to 3 working daysFiled as your agentJoint filings 30% off

What makes an inherited sale different

An inherited disposal carries wrinkles a normal sale does not: the cost is the probate value, not the original purchase price, and who actually files depends on whether the estate or a beneficiary sold. We deal with all of it, at a time when you already have enough to deal with.

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Probate value is your cost

The gain runs from the date-of-death value, not what the deceased paid. Sold soon after probate, the gain is often small or nil, but you still have to work it out and report it.

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Who sold decides who files

Executors selling in administration file for the estate (with its own UTR). Beneficiaries selling after transfer each file for their own share. The allowances and rates differ.

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The clock does not pause

The return and any payment are due 60 days after completion, with penalties from £100 for a late return. Grief and probate admin do not stop the deadline.

How it works

1

Upload your documents

The probate valuation, the completion statement from the sale, and any capital improvement or selling costs. The grant of probate too, if the estate is selling.

A few minutes
2

We compute the gain

We extract the figures, apply the probate value as the base cost, deduct allowable costs and the annual exempt amount, and work out the gain per owner.

Per owner
3

Estate registration if needed

If the personal representatives are selling and the estate needs its own UTR, we walk you through registering it with HMRC first.

If applicable
4

Chartered sign-off and filing

A Chartered Accountant/Chartered Tax Advisor reviews, signs and files the 60-day return with HMRC as your agent, inside the window.

1 to 3 working days

No chasing, no jargon. You upload the documents once, we compute the gain and handle any estate registration, and your return is signed off and filed inside the 60-day window.

What the £199 covers

One fixed fee per return covers the whole job, from working out the gain on the probate base cost to filing with HMRC as your agent. If your facts need settling first (a sale below probate value, a possible IHT reclaim), we say so before you pay for anything.

  • The probate value as your base cost, with the gain measured from the date-of-death value to your sale price
  • Deduction of allowable selling costs and capital improvements made since the death
  • The annual exempt amount applied to each owner, with the gain split correctly on joint inheritances
  • Whether the estate or the beneficiaries should file, and estate registration with HMRC where the personal representatives are selling
  • The 60-day return prepared, signed off by a Chartered Accountant/Chartered Tax Advisor, and filed with HMRC as your agent
  • 90-day enquiry cover, so we stand behind the figures if HMRC comes back

How we compare

A few ways to get an inherited-property CGT return filed. Only one is a fixed fee with chartered sign-off and the return filed for you as your agent.

Do it
yourself
High-street
accountant
Estate
solicitor
LetsFile
PriceFreeVariesOften hourly£199 per return
Knows to use probate value as the costEasy to miss
Chartered Accountant/Tax Advisor sign-offIf qualified
Files the 60-day return as your agentSometimes
Handles estate vs beneficiary filingOn youMaybeMaybe
Joint inheritancesEach owner alonePer returnPer return30% off joint filings
TurnaroundHowever long it takes youTypically 1 to 3 weeksVariesTyp. 1 to 3 working days

Doing it yourself is free, but HMRC's CGT-on-UK-Property service assumes you already know the probate-value rule and the 60-day deadline. This is what we specialise in, at a fixed £199, with a Chartered Accountant/Chartered Tax Advisor signing the return.

Built to be relied on

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Encrypted end to end

Your probate documents and figures are encrypted in transit and at rest.

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UK GDPR compliant

UK/EU-hosted. We only ask for the documents the return needs.

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Chartered sign-off

Every return is reviewed and signed by a Chartered Accountant/Chartered Tax Advisor.

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Secure payments

Card payments handled by Stripe (PCI-DSS). We never see your card details.

Reviewed return

£199

Per return. Upload the probate valuation and the completion statement; we do the rest. A Chartered Accountant/Chartered Tax Advisor signs and files it, typically within 1 to 3 working days, guaranteed within 5 or your money back. Joint filings get a 30% discount.

Start my return → £199

Questions, answered

How is CGT worked out on an inherited property?

Your cost for CGT purposes is normally the property value at the date of death (the probate value), not what the deceased paid for it. CGT is charged on the growth between that value and your sale price, less selling costs and any capital improvements since. A property sold soon after probate often shows little or no gain.

Does the 60-day rule apply to inherited property?

Yes. If CGT is due on the sale of UK residential property, the return and the payment are due within 60 days of completion, the same as any other disposal. Non-resident sellers must report within 60 days even with no tax to pay.

Who files: the estate or the beneficiaries?

It depends on who sold. If the executors or administrators sell during the administration of the estate, the estate files and pays. If the property is first transferred to beneficiaries and they sell, each selling beneficiary reports their own share. Getting this right matters because the allowances and rates differ.

We inherited jointly. Do we each need a return?

Yes, each owner with tax to pay files their own 60-day return for their share of the gain, each with their own annual exempt amount. We handle joint cases as a set: joint filings get a 30% discount.

Does the estate need its own tax reference?

If the personal representatives are the ones selling, the estate usually needs registering with HMRC and gets its own UTR, separate from the deceased. We walk you through the registration as part of the service.

We already paid Inheritance Tax. Surely CGT does not apply too?

They are different taxes on different things. IHT is charged on the estate value at death; CGT is charged on the growth after death. Paying IHT does not remove the CGT obligation, but the probate value used for IHT is normally the base cost that keeps the CGT gain small.

What if the property sold for less than probate value?

Then there is normally a capital loss rather than a gain, and for UK residents no CGT return is required when nothing is due. The loss can be worth claiming so it carries forward. Where IHT was paid, a sale below probate value within the qualifying period can sometimes support an IHT reclaim instead; that is worth a conversation before you file anything.

What documents do you need?

The grant of probate (or letters of administration), the probate valuation, the completion statement from the sale, and details of any capital improvements and selling costs. Upload them and we extract the figures.

What does it cost and how fast is it?

Reviewed is £199 per return: prepared, signed off by a Chartered Accountant/Chartered Tax Advisor, and filed with HMRC as your agent. Typically filed in 1 to 3 working days once we have everything, guaranteed within 5 or your money back. Joint filings get a 30% discount.

This page describes the service in general terms and is not tax advice. Estate positions vary; where something on your facts needs settling first, we say so before you pay for anything.

Related

The returns and tools most useful when you are settling an inherited property sale.

One less thing to deal with

Upload the probate valuation and the completion statement. A Chartered Accountant/Chartered Tax Advisor prepares, signs and files your 60-day return, inside the deadline.

Start my return → £199

Per return · typically 1 to 3 working days · joint filings 30% off