Media

Union Jack flag
News

British expats win historic break from UK IHT – but few have noticed

Until now, the UK’s IHT regime operated on a notoriously ambiguous concept: domicile.

In what may be the most underreported tax reform in decades, British expatriates have just been granted a remarkable degree of freedom from UK Inheritance Tax (IHT) — and the implications are profound, says Mark Clubb, executive chairman, TEAM Plc.