For the latest New Developments, see ND.2621 and ND.2751.
There are several types of property involving a foreign element which are excluded or specifically exempted as detailed below:
Excluded property
The following property falls within the definition of excluded property:
- Ìý
•ÌýÌýÌýÌý exempt British government securities, if the beneficial owner is not resident (nor, in certain situations domiciled) in the UK (I9.321A)1
- Ìý
•ÌýÌýÌýÌý exempt government securities that are comprised in a settlement where either there subsists a qualifying interest in possession (QIIP) to which a person neither domiciled nor resident in the UK is entitled, or where there is no interest in possession and no person for whose benefit the settled property has been or might be applied is domiciled
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