CGT uplift on death + domicile

[jenhen]

Hello

I wondered if anyone could help with the following query?

I understand that on death there is a CGT uplift to market value - are there any exceptions to this rule i.e. does it depend on residency and/or domicile of the deceased (and consequently the personal representatives)? I have read a few articles and they appear to suggest that the deceased's domicile is important (I may be misinterpreting the articles) - I would have thought that even if this was the case (I'm really not sure) there would be a CGT uplift to market value on any UK assets a non-UK domiciled person held - is this correct?

Thanks in advance.

Jenhen

[maths]

Irrespective of domicile status of the deceased, on death any beneficiaries are deemed to have acquired assets at the date of death and their market values at that date.

[jenhen]

That's great - thank you Maths.