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Present rules state that anyone with a British 'domicile' has to pay inheritance tax (IHR) on their worldwide wealth even if they live and die abroad.The loophole that could mean Britons retiring abroad will NOT pay inheritance tax: How changes in Budget may see those heading overseas escaping death duties of 40%
Present rules state that anyone with a British 'domicile' has to pay inheritance tax (IHR) on their worldwide wealth even if they live and die abroad. Read more