I have a client who is considering disclaiming an inheritance some 4 years after the deceased death. He is entitled to a share in a property that has remained in the names of the Executors and he has received no rent of other benefit. There is to be no consideration for the disclaimer.
Having consulted the relevant HMRC manual, I am still a little unsure as to the CGT consequences of such a move, where there is no consideration and the asset remains held by the PRs. Any clarification would be welcome.