Taxation (International and Other Provisions) Act 2010 Schedule 7 Part 8

Relocation of section 700 of ICTA (paragraphs 44–47)

Schedule 7 Part 8 relocates the old ICTA provision on obtaining estate income information from personal representatives into a new section 682A of ITTOIA 2005, giving beneficiaries the right to request written statements about their estate income and associated tax.

• Beneficiaries of a deceased person's estate can request a written statement from the personal representative showing the amount of estate income attributed to them and the tax treated as borne on that income.
• The right to request a statement applies to anyone who has or has had an absolute, limited, or discretionary interest in the whole or part of the residue of the estate.
• The personal representative must provide the statement in writing, and this duty is legally enforceable by the person who made the request.
• The old ICTA requirement to show amounts separately where different tax rates apply has been dropped as unnecessary, since the obligation to state amounts by applicable rate already achieves this.