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Posted Sun, 22 Dec 2024 17:08:46 GMT by Nella
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?
Posted Wed, 08 Jan 2025 12:54:29 GMT by HMRC Admin 17 Response

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 .
Posted Wed, 08 Jan 2025 13:24:39 GMT by Nella
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