http://www.levhouse.com Tue, 06 Apr 2010 13:00:33 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 http://www.levhouse.com/2010/02/21/i-have-recently-received-a-cash-inheritance-from-the-sale-of-bulgarian-assets-am-i-subject-to-any-uk-tax/ http://www.levhouse.com/2010/02/21/i-have-recently-received-a-cash-inheritance-from-the-sale-of-bulgarian-assets-am-i-subject-to-any-uk-tax/#comments Sun, 21 Feb 2010 23:01:03 +0000 daka http://www.levhouse.com/2010/02/21/i-have-recently-received-a-cash-inheritance-from-the-sale-of-bulgarian-assets-am-i-subject-to-any-uk-tax/ I am a bulgarian citizen, but have lived in the UK for a number of years and have a UK resident status as far as the Taxman is concerned.
The inheritance comes from the sale of my deceased mother’s property in Bulgaria. My mother was a bulgarian citizen and has never been to the UK.
The inheritance is much less than the UK IHT threshold of £285000 and comes in euros – cash, but the property took a few months to sell after her death.
What happens IF I bring the amount in question to the UK?
I am now looking forward to your responses.
Many thanks.

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