I responded to your post because I see myself in a similar situation but in my case Im not an EU citizen, but married to Irish citizen and residentand working here for many years. The question of domicile for tax purposes in my own case is simple enough as I only travel to my "home" country for holidays. Many factors will inform your status re UK residency and inheritance tax and I would suggest that you ring the British Embassy here and run your scenario past them for the correct advice. My embassy offers tax assistance and I assume the British one does too. good luck.
Thanks for your input. The estate is being administerd in the uk and will be subject to inheritance tax. Will I pay another tax after that here in Ireland. I wasnt planning on remmiting it to this country.
Again, you need the right underlying instrument in order to avoid CGT on gains and separate income from gains and income needs to be carved out into a separate account.
This is a relatively simple process and wouldn't require an accountant.
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So how does the question of domicile fit in with the remittence basis of taxation?
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The disponer is my Dad, Im the only benficiary, Approx 500k, will I have extra to pay here in Ireland after Ih tax paid up in UK?
Thanks for your reply
Bonny
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