HI,
Please could somebody help.
My partner is due soon to inherit a property abroad, we are both UK citizens and live in the UK [although he has dual Singaporean citizenship as he grew up there]. Once the property is legally in his name, and if he decides to sell it and bring the money from it to the UK, is there any kind of tax at all that might be due from the UK??? I understand that inheritance tax in the UK is only payable on amounts of around £325K or more, and this property he will inherit will be worth less than half of that, and surely that wouldn't be applicable anyway as the property inherited isn't in the UK??
Any help would be much appreciated.
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