Residence is relevant for the purposes of IHT in the following contexts:
- Ìý
(a)ÌýÌýÌýÌý In the application of the deemed domicile rules, a person who is resident in the UK for at least 15 (before 2017/18, in not less than 17) of the 20 tax years (including, from 2017/18, at least one of the last four tax years) ending with the year of assessment in which the question of domicile arises is deemed to be domiciled in the UK1 — see I9.206.
- Ìý
(b)ÌýÌýÌýÌý In relation to the exemption for foreign currency bank accounts (see I9.323)2.
- Ìý
(c)ÌýÌýÌýÌý In the following instances in relation to non-resident trustees of settled
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