Inheritance tax on overseas property
Inheritance tax on overseas property
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Discussion

The Londoner

Original Poster:

3,964 posts

268 months

Friday 1st February 2008
quotequote all
Don't know if there is an easy answer to this question, but if a relative owns a property overseas eg holiday home and dies, would the inheritors be liable for inheritance tax in the UK or whatever passes for inheritance tax in the country in question?

Eric Mc

125,786 posts

295 months

Friday 1st February 2008
quotequote all
It depends on the deceased person's country of domicile.

The Londoner

Original Poster:

3,964 posts

268 months

Friday 1st February 2008
quotequote all
Eric Mc said:
It depends on the deceased person's country of domicile.
That would be the UK

Eric Mc

125,786 posts

295 months

Friday 1st February 2008
quotequote all
I'm pretty sure then that the property would be included in his/her estate for UK Inheritance Tax purposes.