Expats 'can avoid IHT in France'

Overseas property investors who want to avoid paying inheritance tax (IHT) have been advised to consider moving to France.

Liz Dolan of the Daily Telegraph said that the country had recently increased its IHT threshold so only the "filthy rich" would be affected.

However, she stated that in order to avoid taxation, people would need to sell all of their UK-based assets so the British government would not have a claim on their estate.

Furthermore, Ms Dolan recommended that people consider "other related complications, such as who has a right to what from your estate".

She also stated that people look at what other taxes they may need to pay in their new domicile.

Ms Dolan commented: "You don't want to jump from the frying pan straight into the fire."

Currently, Britons with assets worth more than £300,000 can have up to 40% taxed by the Treasury in the form of IHT.

Ms Dolan added that many countries in the world did not have charges on people's estates at all, such as India, Australia, Canada and Argentina.

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