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Death and tax years applied
Posted 4 December 2014
If a client/tax payer dies in one tax year but the claim only occurs in another tax year, what transaction year, year of assessment and period of reconciliation do you apply? Will it be the tax year the client died, or the year the claim took place?
TaxTimsays: 9 December 2014 at 15:36
It would be the year in which the claim took place.