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TaxTim says: 29 January 2015 at 10:00 Unfortunately not, there is no ability to claim a refund on inheritance. Why did he pay tax and not the actual estate though? |
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Matieu says: 29 January 2015 at 16:01 Technically it was inheritance as it came from my father. But it was a policy payout from his work, and money from retirement annuities where I was named as beneficiary so the estate did not deal with it, it was paid directly to me. |
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TaxTim says: 29 January 2015 at 22:07 Then the amounts would have been taxed as per the lumpsum tables and no deduction or claim can be made against this once off tax. |
