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song kae

song kae

Joined: 1/5/2023

  • RE: inheritance tax on cash from parents based overseas

    Thu, 05 Jan 2023 08:32:11 GMT – inheritance tax on cash from parents based overseas
    I am a British citizen and domiciled in the UK. My late father who was a Malaysian citizen and had always domiciled in Malaysia. I am inheriting some cash amount made up from his cash deposit account, liquidated shares and unit trusts investments in Malaysia and Singapore. I assume there is no need to pay any UK taxes, such as inheritance and capital gain tax ? Thanks for your assistance.