UK residential property in offshore structures: more surprises from the Government

15 December 2016

The Government has confirmed its intention to make UK residential property held indirectly by non-doms through an offshore structure chargeable to UK Inheritance Tax (IHT). As planned, this will begin on 6 April 2017. Although the proposal was first announced as far back as July 2015, draft legislation effecting this change was only published on […]

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Get ready for another ATED valuation date

1 December 2016

The Autumn Statement on 23 November contained no further detail about how the Government’s proposals for achieving Inheritance Tax transparency for offshore structures from 6 April 2017 is going to work in practice. However, in rather ominous fashion, the Government did use the occasion to confirm that the changes are going ahead as planned from […]

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