text: question relating to uk tax law.? after death duty has been paid on an estate and then the remaining sum is inherited by an individual, can any further tax be payable on the sum inherited i.e cgt or income tax? you will need to get specific advice depending on specific circumstances but cgt certainly might be. my wife inherited a share of a house which was valued for inheritance tax purposes. on sale of the house at a higher value, cgt became liable on the uplift in value from inheritance value to final sales value.  i suppose if you recieved cash after inheritance tax then it is difficult to see that this would be subject to further tax, although any interest recieved if placed in savings, would be liable for income tax purposes...