K
killy
Guest
My Uncle died in 1988 and I acted as his personal representative to sort out his affairs pending the passing of his Estate to my other Uncle who lives in USA. I am resident in UK. Since then I have completed the tax return for the income from the farm land which is rented out, the amount of rent being approx 5000 Euros and have paid the tax due but i have never told the Revenue that the estate had been sorted and transferred into my USA uncle's name as he is elderly and not really capable of looking after this matter. The revenue have now picked up on this and want their records updating with my uncle's name. Can anyone advise me on:-
Is there any way I can still deal with this on behalf of my uncle eg by acting as his representative.
If it goes into his name will it affect his tax in USA.
Should he be taxed on the full amount of the rent.
I have to say there is no way we are trying to evade tax - this has always been paid in full.
Is there any way I can still deal with this on behalf of my uncle eg by acting as his representative.
If it goes into his name will it affect his tax in USA.
Should he be taxed on the full amount of the rent.
I have to say there is no way we are trying to evade tax - this has always been paid in full.