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Where Taxpayers and Advisers Meet

What tax is due on a Canadian cash inheritance

Tumbleweed
Posts: 2
Joined: Tue Nov 14, 2017 4:23 pm

What tax is due on a Canadian cash inheritance

Postby Tumbleweed » Tue Nov 14, 2017 4:28 pm

I am expecting to inherit a sum of money from a Canadian friend who has recently died.
What (if any) is the UK tax liability on this cash inheritance?

maths
Posts: 7245
Joined: Wed Aug 06, 2008 3:25 pm

Re: What tax is due on a Canadian cash inheritance

Postby maths » Tue Nov 14, 2017 10:31 pm

Typically there would be no UK IHT on the inheritance.

Tumbleweed
Posts: 2
Joined: Tue Nov 14, 2017 4:23 pm

Re: What tax is due on a Canadian cash inheritance

Postby Tumbleweed » Wed Nov 15, 2017 10:30 am

Thank you.


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