In addition to finalising the taxation position of the deceased (see ¶365-650) the personal representatives are liable to income tax on the income arising during the period of administration (¶365-250 ) on the basis that they, in their representative capacity, and not the beneficiaries, are entitled to receive the income.
Personal representatives are not chargeable as ‘individuals’, as a consequence of which:
•personal allowances are not available;
•the starting rate of for savings and the savings allowancedo not apply; and
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