Client Manager David Rimmer comments on the growing interest in China for succession planning in the latest Hong Kong focused edition of Citywealth.
This article was originally published in Citywealth's e-magazine, April edition 2016.
- David Rimmer, Client Manager, Hawksford
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*Current legislation states that a UK resident, non-domiciliary leaving the UK after becoming deemed domiciled in the UK for Inheritance tax (IHT) purposes, must leave the UK for at least five years before returning to reclaim non-domicile status. It is proposed that legislation will change this period from five years of continuous absence to six years from April 2017.
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