Does inheritance tax apply to non-UK assets?
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Yes if you are UK domiciled or deemed domicile. Under the current rules, an individual who has a non-UK domicile as a matter of common law is deemed to be UK domiciled once he has been UK tax resident for 15 out of the immediately preceding 20 tax years.
For IHTpurposes only, an individual who loses their UK domicile will remain deemeddomiciled for three calendar years after the change of domicile.