Post-death variations in cross-border estates

Produced by a Tolley Trusts and Inheritance Tax expert
Trusts and Inheritance Tax
Guidance

Post-death variations in cross-border estates

Produced by a Tolley Trusts and Inheritance Tax expert
Trusts and Inheritance Tax
Guidance
imgtext

This guidance note briefly discusses the tax consequences of post-death variations in non-UK jurisdictions. Where there are any cross-border issues you should always take local advice.

Varying the IHT due on death ― UK

In the UK, inheritance tax on death may be altered or deferred in a number of ways:

  1. •

    by claiming relief where land or shares have been sold at a loss since death (see the Sale of land from a deceased estate and Sale of shares from a deceased estate guidance notes)

  2. •

    by an instrument of variation (see the Deeds of variation guidance note)

  3. •

    by disclaimer (see the Disclaiming a gift guidance note)

  4. •

    by a claim under the Inheritance (Provision for Family and Dependants) Act 1975 (see the Tax effects of court orders under the I(PFD)A 1975 guidance note)

  5. •

    by distributions within

Continue reading the full document
To gain access to additional expert tax guidance, workflow tools, generative tax AI, and tax research, register for a free trial of Tolley+™
Powered by Tolley+™

Popular Articles

Loans provided to employees

Loans provided to employeesEmployers sometimes provide their employees with loans, sometimes charging interest and often not, either as part of the reward package or to help the individual meet significant expenditure. For example, it is common to provide loans for the purchase of annual travel

14 Jul 2020 12:11 | Produced by Tolley Read more Read more

Exemption ― burial and cremation

Exemption ― burial and cremationThis guidance note provides an overview of the VAT treatment of services that are provided in connection with the burial or cremation of human remains.VAT treatmentThe following services are exempt from VAT:•the disposal of the remains of the dead•making arrangements

14 Jul 2020 11:38 | Produced by Tolley Read more Read more

Qualifying charitable donations

Qualifying charitable donationsCompanies can obtain corporation tax relief for qualifying payments or certain transfers of assets to charity under the qualifying charitable donations regime. Definition of qualifying charitable donationThe definition of ‘qualifying charitable donations’

14 Jul 2020 13:03 | Produced by Tolley Read more Read more