Owners of UK residential property held through
offshore structures, including non-UK companies and partnerships, should
urgently review their structures following the publication of a further
consultation by the UK Government on 19 August 2016. The consultation confirms that residential
properties in these structures will be exposed to UK Inheritance Tax (IHT) from 6 April 2017. The aim of the changes is to bring all UK
residential properties within the charge to IHT.
For more detail on the proposal, read my briefing note available on Fladgate's website via this link: https://www.fladgate.com/rFlVC
