- 1. The Scope of the Book: Estate Planning Introduced
- 4. Trusts: Tax-Efficient Management
- 6. The Family Business
- 6.1.3 Capital Gains Tax angles
- 6.3.2 The detail of the legislation
- 6.5.2 The scope of employment income for Income Tax and National Insurance purposes
- 9. Investments
- 10. Life Assurance
- 11. Pensions
- 12. Charitable Giving
- 15. Leaving the UK
- 15.2.4 Occasional residence abroad not enough
- 15.2.8 Residence of Companies
- 15.2.9 HMRC’s proposals for a comprehensive statutory test for residence from 2013/14 (deferred from 2012/13)
- 16. Non-UK Domiciliaries Living in the UK
- 18. Wills
2 - Inheritance Tax Mitigation: The Basics
Chapter: 2 - Inheritance Tax Mitigation: The Basics
Excluded property: the IHT exemption for non-UK domiciliaries
2.12.1
Where the deceased was domiciled or deemed domiciled in the UK at death, the estate will be liable to IHT regardless of where the assets were situated. If he was not so domiciled, IHT will apply only to assets situated in the UK. The normal domicile rule is extended in two circumstances, as explained at 16.4 (IHTA 1984 s267).