Post #19529 by mungofitch on the Berkshire Hathaway board

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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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UK inheritance tax was mentioned upthread, it being quite onerous: 40% on anything over about 1 million pounds, some exceptions.
It is my understanding that the estate of a British citizen who was non-resident will only pay this on UK-situated assets. Anyone have different information?

I think it changed (somewhat) last year.
I believe the answer is "Non-resident means inheritance tax on UK assets only", BUT still worldwide assets for a while after you leave the UK. Some kind of timeout based on how long you were UK resident??

But I believe many things which are false, so you had best check.

Jim

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