The Wealth Lawyer
Charitable giving in Wills: charity must be governed by UK law to secure IHT exemption
20 October 2016The UK Inheritance Tax (IHT) saving is probably the last reason why anyone would deliberately choose to leave assets to charity in their Will. However, it is the case that leaving assets to charity is very IHT efficient, for two key reasons. Qualifying gifts are 100% IHT exempt – the charity will not have any […]
Read moreLong term UK resident non-doms set to lose remittance basis of taxation
6 October 2016Anyone who does not regard England as their permanent home (non-dom) but who has been resident in the UK for at least 15 out of the past 20 income tax years will wake up to a very different UK tax regime on 6 April 2017, according to a further consultation issued by the Government on […]
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