9.1.1 Introduction

The deemed domicile rules (see 2.1 – Domicile) ensure that those foreigners who have been resident in the UK for 15 out of the last 20 tax years are subject to IHT on their worldwide assets, similar to UK born and bred domiciled individuals also known as formerly domiciled residents (FDRs).

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

No subscription?

Contact us to discuss your requirements.