Damian O'Reilly
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Inheritance from abroad
Good Afternoon, 2 questions - based on the fact I am inheriting money from my late mother who was resident in Republic of Ireland, with no tax commitments in UK. 1) As the estate is in the Republic of Ireland, I am assuming that due to "Double Tax" agreements, there will be no need to pay again in the UK? 2) Do I need to declare the inheritance in the UK as there will be no income generation will be a lump sum? Many thanks