connor
Joined: 5/27/2024
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Inheritance tax on UK house from foreign parents
If my parents are tax residents abroad, and they pass away: my understanding is their estate would not fall under UK inheritance tax (but rather wherever they are tax residents). However, if within their estate they own a house in the UK: would that house be classed as a UK asset and taxed under inheritance tax in the UK, despite them being tax residents abroad? I am based in Scotland FYI.