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Inheritance from isle of Man
leriche
Posts: 8 Forumite
in Cutting tax
Hi
I am UK resident I have inherited a reasonable amount of money from an uncle in the iom. Would anyone be able to tell me if I will have to pay UK tax on it when it is paid into my account here, I ask this as inheritance tax will obviously have not been paid on the island.
Hoping someone will be able to help.
Cheers
I am UK resident I have inherited a reasonable amount of money from an uncle in the iom. Would anyone be able to tell me if I will have to pay UK tax on it when it is paid into my account here, I ask this as inheritance tax will obviously have not been paid on the island.
Hoping someone will be able to help.
Cheers
0
Comments
-
no
just the same as you, as the recipient, would not pay tax on an inheritance from someone who died anywhere else in the world.0
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