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bigduckontax
bigduckontax, Accountant
Category: Tax
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My wife is a Japanese national living in the U, she has

Resolved Question:

My wife is a Japanese national living in the U, she has "permanent right to stay", her father died in Tokyo and has left her a cash inheritance. If she transfers the inheritance to the UK does she have to pay UK tax?
Submitted: 1 month ago.
Category: Tax
Expert:  bigduckontax replied 1 month ago.

Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.

As her father was a Japanese resident he had no exposure to UK Inheritance Tax (IHT). Assuming that all Japanese taxes are settled your wife receives the inheritance UK tax free. Just warn her bank of incoming funds and their source to preclude any money laundering inquiries a large transfer might otherwise attract.

I do hope that I have been able to set your mind at rest on this matter.

bigduckontax and other Tax Specialists are ready to help you
Expert:  bigduckontax replied 1 month ago.

Thank you for your support.