Currently where UK residential property is held by non-UK domiciled individuals or certain related trusts in an overseas company, it falls outside the scope of Inheritance Tax (IHT). The government has now provided further details on how it intends to prevent this in the future.
Read a copy of our Briefing Note entitled IHT: UK Residential Property held through Non-Resident Trust Structures to find out more, or contact a member of our Wealth Planning team.
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