Many people who are UK domiciled, look to lose their domiciled status given the high cost of UK inheritance tax, as this has many advantages for wealth protection. But not many people are aware that even if you lose UK domiciled status, HMRC still considers you domiciled for 3 years after you have left the UK for inheritance tax purposes.
This one simple rule on UK inheritance tax, which has tripped many individuals up, starkly highlights the need for Strategic Wealth Planning, always consult a wealth planning expert.
This one simple rule on UK inheritance tax, which has tripped many individuals up, starkly highlights the need for Strategic Wealth Planning, always consult a wealth planning expert.
