Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Capital Gains Manual

HM Revenue & Customs
, see all updates

Personal representatives: solicitors expenses: deductions

The deductions referred to in CG30560 - CG30582 are only allowable in computations of gains realised by personal representatives in that capacity. No equivalent deduction is available on disposals by legatees or disposals by personal representatives acting as bare trustees for legatees. This is because

  • the legatee has not incurred the expenditure


  • there is no provision deeming the legatee to have incurred the expenditure.