Morning,
Quick questions for which I hope are simple answers. My Mum and dad are both now non-doms (and non residents) for over 7 years having retired overseas. But their more valuable assets (house and cash) are mostly in the UK. My questions are:
1. In terms of IHT, do they still benefit from the Nil Rate Band of £325,000 each?
2. If one passes before the other, can they still automatically transfer their estate to the spouse tax free or is there a limit for non-doms? (I have seen lots of advice for UK-Dom to non-UK domicile being capped at £325,000 but nothing for non-UK Dom to non-UK dom).
3. Can they still elect main UK residence if their house here has never been rented out?
Cheers
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