From: %steve%@malloc.co.uk (Steve Firth)
Newsgroups: uk.finance
Subject: Re: Offshore account with debit card - Where?
Date: Thu, 26 Aug 2004 10:09:00 +0100
\N!rmpbc(BiyXn8GRV.z6\0~g);pz0J#a0P_(LaB.sV
John-Smith wrote:
> Worth pointing out that there is non-UK domicile for income tax, and a
> non UK domicile for IHT. The latter is a lot harder to do than the
> former.
Hmmm, that distinction may be becoming important to me. I own property
abroad, a working farm. The inheritance laws in that country are strict
and there is heavy inheritance tax. Does this mean that my inheritors
will become liable for double taxation unless I completely sever
relationships with the UK?
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