Any declarations/forms for inheritance received from non-domiciled parent?

Hi, Unfortunately, a non-domiciled person has died. They held no assets in the UK, never lived in the UK. She has left an inheritance to her daughter who is UK domiciled but is not the executor. Are there any forms or declarations that need to be filled? The IHT help line said no IHT is due but was not sure on if there are any forms that need to be filled.

Hi,

No.  The deceased's estate is entirely overseas, so no tax is payable by the estate in the UK.  The UK beneficiary of the estate, has no tax to pay on anything they inherit, so have nothing to declare.  However, if the UK beneficiary disposes of assets they inherited, then there may be capital gains tax to pay in the UK where the disposal value is greater than the inherited value.

Thank you.

She inherited an overseas property, which has been sold. Guessing this means there will be capital gains tax to pay? If so, what forms would need to be filled in this case?

Hi dz2k,
There may be Capital Gains Tax to pay on the disposal of the overseas property.
If the property was disposed of for more than its market value at the date the property was inherited, then the difference is a gain, so tax may be payable.
To work out if there is a gain, all values must be converted to pounds sterling, using a just a reasonable exchange rate in use a the time.
There is a capital gains calculator here:
Tax when you sell property
 There are exchange rates here:
Exchange rates from HMRC in CSV and XML format
Yearly averages and spot rates
You are free to use any of the supplied rates or one of your own choosing.
Thank you.