Inheritance Tax Advice – Maitland, NSW

Inherited Money or Assets? Know Your Tax Position

In Australia, there’s no official “inheritance tax”, but that doesn’t mean there’s no tax impact when you inherit money, property, super or shares.

At Bottrell Accountants & Tax Advisors, we provide tailored inheritance tax advice for Maitland locals dealing with a deceased estate. Whether you’re a beneficiary or executor, we’ll help you:

Understand the tax implications of inherited assets
Manage deceased estate tax returns
Minimise capital gains or future tax exposure
Ensure all ATO and estate reporting is accurate and timely

What’s Taxable After an Inheritance?

While receiving an inheritance isn’t taxed directly, you may be taxed when:

You sell inherited property, shares or assets (Capital Gains Tax)
You access death benefit payments from super
The estate earns income after death (Deceased Estate Tax Return)
You receive income from trusts or managed assets
There are tax liabilities linked to unpaid taxes, HECS, or business income

It’s not about whether you inherit — it’s how and when you access, transfer or dispose of the assets.

What We Help With

Deceased estate tax return (date of death → final lodgement)
Capital gains tax (CGT) on inherited property or shares
Superannuation death benefit payments (taxed or untaxed elements)
Testamentary trust income and distributions
Income earned by the estate before and after death
ATO correspondence for executors
Guidance for family members inheriting real estate, cash, crypto, businesses or collectables
Tax-effective planning before asset sale or transfer

Who We Help

We provide inheritance tax advice to:

Beneficiaries receiving money or assets from a will
Individuals inheriting investment properties, shares or crypto
Executors managing a deceased person’s estate
Families working through complex distributions
Solicitors and estate lawyers needing a tax partner
Blended families navigating superannuation or trust payments
SMSF members handling estate distributions

Why Bottrell?

Maitland-based team experienced in estate tax matters

Accountants + tax agents + financial planners all under one roof

Clear, practical advice — no jargon

We liaise with your solicitor, executor or family

Fixed-fee options available

Respectful, professional guidance during sensitive times

Support with both simple and complex estates

Tax & Estate Planning Considerations

We help with:

CGT on inherited real estate (including date-of-death cost base and exemptions)
Pre-CGT assets vs post-CGT implications
Tax-free superannuation vs taxable components
Joint ownership vs sole beneficiary treatment
Planning the sale of inherited assets in a tax-effective year
Inheritance impacts on Centrelink, pension and income reporting

Don’t assume you won’t pay tax — get clarity before making big financial moves.

Inheritance Tax Advice – Maitland, NSW