Hi,
I am a non-dom but have become deemed domicile as I have completed 15 years this year. (I came to thr UK since feb 2004).
I am single and without any direct descendent. Most of my friends, relatives and other acquaintances live overseas in India and have no relation to the UK.
Hence my nil band will be 325K only and my estate will include worldwide assets.
I am aware that gifts ot transfer between spouses is free from IHT if only spouse is UK domiciled.
I understand £3000 per year to a single person also £250 per person per year to any number of people is exempted from IHT. Does these beneficiaries need to be UK domiciled like spouse?
Thanks
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