HMRC Admin 10 Response

Hi
Any dividends yielded by the shares after they are distributed to the beneficiary, would be taxable. Up to the point of distribution, they are still part of the estate.

Hi
The sale will need to be reported to HMRC and the tax paid before the estate can be classed as finalised in order to distribute the funds. If they have reported the sale online they should have the details to allow them to pay. If in paper form, we aim to process these within 10 weeks of receipt.

Hi
You will still declare this as foreign income in the return and declare the tax deducted. If UK tax is due on this you can then claim foreign tax credit relief to reduce your UK bill.

Hi
As they are automatically reinvested by the company, no. 

Hi
If already reported, no. It will be there until you need it.

Hi
You will base all your figures on the percentage you are gifting and the form asks how much you are disposing of.

Hi
It is only when you dispose of the asset that any gain/loss is realised.

Hi
The gain will be based on the increase in value at the time you inherited it until you sell it. You can also deduct legal costs for selling. A value should have been applied at the time of death/inherited but if not you will need to obtain an estate agent valuation to confirm.

Hi
No, relief is only due in the tax year the contribution is made.

Hi
This forum is for general queries only and is intended to help you self-serve. We are unable to provide specific advice tailored to individual circumstances.