James
Joined: 5/19/2023
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RE: Tax/fees on Philippines inheritance
The property is not in the UK. It is in the Philippines and my parents had never been to the UK. Is this still the case? -
Tax/fees on Philippines inheritance
Hello, I am a Filipino living in the UK for over 40 years (Filipino passport/citizenship, indefinite leave to remain in UK, married to UK citizen) - my parents passed a decade ago and their property (left to me and my siblings) was finally sold last year. My brother is my Power of Attorney in the Philippines, he has my share of the money - roughly £29,000 (GBP) in his account. If he transferred some of this to me in the UK would it be liable for inheritance tax/income tax? What fees would I incur? Many thanks