Where a home is inherited for capital gains tax purposes the property is treated as acquired at the market value at the date of death. This is known as the probate value. Capital gains tax will only be charged when the beneficiary later sells the…
Because many non doms will have to pay a heavy price for using the remittance basis, deferring income until you leave the country and become non-resident could be an attractive strategy. If you don't earn any income or capital gains you don't have…
You would find it difficult to establish non UK residence status if your family lived in the UK and you made frequent visits to them. Although the Revenue guidance on this simply refers to you spending less than 90 days in the UK to remain non UK…