PRs and inheritance tax - at a disadvantage?
Dec 16th 2005, 6:23 am
#16
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Joined: Sep 2005
Posts: 8,271
Re: PRs and inheritance tax - at a disadvantage?
Originally Posted by Elvira
But what if the assets are in the UK?
Could they still get their dirty little paws on them?
Could they still get their dirty little paws on them?
Dec 16th 2005, 6:27 am
#17
Homebody
Thread Starter
Joined: Jan 2005
Location: HOME
Posts: 23,182
Re: PRs and inheritance tax - at a disadvantage?
Originally Posted by Angry White Pyjamas
Now that I doubt very much. Somehow I cant see HM Inland revenue keen to let go assets on British soil so easily.
I would hope so too, but who knows what nasty surprises lurk in the depths of that infamous dual taxation treaty... :scared:
Dec 16th 2005, 6:28 am
#18
@matthewb76
Joined: Jul 2003
Location: Missouri
Posts: 21,886
Re: PRs and inheritance tax - at a disadvantage?
Originally Posted by Angry White Pyjamas
Now that I doubt very much. Somehow I cant see HM Inland revenue keen to let go assets on British soil so easily.
Does HM treasury have similar rules if a UK citizen dies on a US spouse living in the UK?
Dec 16th 2005, 6:48 am
#19
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Posts: 8,271
Re: PRs and inheritance tax - at a disadvantage?
Originally Posted by Manc
correct.
Does HM treasury have similar rules if a UK citizen dies on a US spouse living in the UK?
Does HM treasury have similar rules if a UK citizen dies on a US spouse living in the UK?
Hmmm good point. One I take it that may effect yourgoodself sometime in the future?
Dec 16th 2005, 11:13 am
#20
Joined: Feb 2002
Posts: 6,848
Re: PRs and inheritance tax - at a disadvantage?
There is some interesting info and links to the Inland Revenue international section on this page:
http://www.expatindex.com/expat-finance.asp
http://www.expatindex.com/expat-finance.asp
Dec 16th 2005, 4:23 pm
#21
Joined: Dec 2001
Location: Dixie, ex UK
Posts: 52,574
Re: PRs and inheritance tax - at a disadvantage?
Originally Posted by Manc
I have no idea
..... but how good are you at argueing with a Federal Government when it wants half your money?
..... but how good are you at argueing with a Federal Government when it wants half your money?
Originally Posted by Angry White Pyjamas
...... Pretty shite to be honest. I do feel they have the upper hand in most negotiations.
Dec 17th 2005, 2:14 am
#22
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Joined: Sep 2005
Posts: 8,271
Re: PRs and inheritance tax - at a disadvantage?
Originally Posted by Pulaski
And if you try, W will just send the boys in, and before you know what's happening they'll be holding free and fair elections in your front room!
I'll feel strangely liberated
