Inheritance Tax Manual

IHTM27031 - Foreign property: valuation of assets: household and personal goods

From 6 April 2025, for inheritance tax purposes, domicile is replaced by long-term UK residenceÌýand you can find details of these rules ²¹³ÙÌýIHTM47000.Ìý

Foreign household and personal goods (IHTM21000) must be valued in the same way as UK assets.바카라 사이트¯Ìý

SitusÌý

Assets that are on display at a museum may not be counted as in the UK at the relevant time. In such a case the item may not be taxable in the UK (IHTM27075), depending on the domicileÌý(to 5 April 2025) or long termÌýUKÌýresidence (from 6 April 2025)Ìýof the taxpayer.Ìý