Oakleyad
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RE: Clarification on rules when receiving inheritance from abroad
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RE: Clarification on rules when receiving inheritance from abroad
Hello, my wife and I are UK tax residents, domiciled here. We have dual Croatian and UK citizenship, as does our daughter, who is also a UK tax resident. My wife and I have a property in Croatia we own which we wish to pass to our daughter. Based on the message thread above, I assume my daughter will NOT be liable for IHT in the UK, as the property is not a UK asset, correct? (I appreciate my daughter would liable for CGT and tax on the Croatian property income in the UK, however)