Finance Bill 2013: IHT exemption for non-UK domiciled spouses and civil partners | Practical Law

Finance Bill 2013: IHT exemption for non-UK domiciled spouses and civil partners | Practical Law

The Finance Bill 2013 was published on 28 March 2013. Provision for non-UK domiciled individuals who have a UK domiciled spouse or civil partner to elect to be treated as UK domiciled for inheritance tax (IHT) purposes, first published in draft form on 11 December 2012, contains several substantial amendments. The measure increasing the IHT exempt limit has not been substantially changed.

Finance Bill 2013: IHT exemption for non-UK domiciled spouses and civil partners

Practical Law UK Legal Update 0-525-5859 (Approx. 7 pages)

Finance Bill 2013: IHT exemption for non-UK domiciled spouses and civil partners

by PLC Private Client
Published on 12 Apr 2013United Kingdom
The Finance Bill 2013 was published on 28 March 2013. Provision for non-UK domiciled individuals who have a UK domiciled spouse or civil partner to elect to be treated as UK domiciled for inheritance tax (IHT) purposes, first published in draft form on 11 December 2012, contains several substantial amendments. The measure increasing the IHT exempt limit has not been substantially changed.