Inheritance Tax on overseas shares

I am a UK resident and I hold non-UK listed shares (e.g. US shares) through a U.K brokerage firm or U.K bank. When I passed away, will my non-UK listed shares held through a UK brokerage firm 1) considered to be UK-based assets or non-UK based assets? 2) subject to UK inheritance tax?

Hi ,
 

If you are UK tax resident at the time of your death, then you world wide assets count towards the value of your estate for inheritance tax purposes. Thank you .

Thanks for your reply. If I am a BC but not a UK resident at the time I passed away (e.g. I live outside UK), I hold non-UK listed shares (e.g. US shares) through a U.K brokerage firm or U.K bank. Will my non-UK listed shares held through a UK brokerage firm 1) considered to be UK-based assets or non-UK based assets? 2) subject to UK inheritance tax?

Hi,
Please contact the Inheritance Tax team for advice.
Inheritance Tax: general enquiries
Thank you.