On Monday, 5 December, the Government announced the results of the consultation on the proposed reforms to the taxation of non-domiciles. As we have previously advised the new legislation will have practical implications for those who purchase, hold or sell UK residential property through offshore structures.

If you are a foreign domicile who owns or has an interest in residential property in the United Kingdom – whether or not it is occupied by you, your family, or paying tenants – the changes to the UK's inheritance tax regime may mean that it is time to urgently review your current arrangements with respect to that property – especially if it is held through an offshore company or trust before the changes come into effect on 5 April 2017.