Q&As

Is a gift from a father (who is not domiciled in the UK nor long-term resident and who lives abroad with no connection to the UK) to his children (who are living in the UK but originally not from the UK) a potentially exempt transfer for inheritance tax purposes?

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Published by a UUÂãÁÄÖ±²¥ Private Client expert
Published on: 14 April 2025
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This Q&A has assumed that the assets that the father wishes to gift to his children are situated outside the UK.

Practice Note: Overseas clients wishing to benefit UK residents explains that:

'An overseas client may, during their life or upon death, make a gift of money or other property situated outside the UK [emphasis added] without any UK tax consequences. See: IHT—anti-avoidance provisions.

The exceptions to this are:

  1. •

    certain

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Jurisdiction(s):
United Kingdom

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