Sorting out whether or not you have a tax liability when you receive an inheritance from the UK can create a lot of stress for people. Photograph: iStock
My unmarried brother in Britain left me £51,000 in his will. I am a retired single man, living in Dublin with a public service pension. What are my tax liabilities on this inheritance?
Also, will it be the Irish tax authorities or the British ones that will be dealing with this matter?
HR
Inheritance from family in the UK is very common for people in Ireland. It is hardly surprising as so many Irish people emigrated to Britain in the postwar era and, unlike emigrants in more recent times, never returned.
It is clearly touching for the beneficiary when a UK-based relative remembers family and makes provision for them in their will but it can also be confusing as the rules on taxation of inheritances are so different in the UK and in Ireland.
Changes in the UK inheritance tax rules can add to the confusion, although, to the best of my knowledge, they have not changed the position of Irish-based beneficiaries from UK estates.
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