Leave the UK and HMRC Still Taxes You for 10 Years

You can leave the UK and still hand HMRC up to ten years of tax on everything you own, anywhere in the world. That is the rule almost nobody plans for. This is the video that shows you how leaving the UK actually works. The brand new residence based inheritance tax rule, the three to ten year tail that follows you out of the country, and the two separate clocks you have to run if you want to leave once and leave properly. "Just move abroad" is the most expensive piece of bad advice on the internet, and here is exactly why. I'm Sarah Charlton, tax strategist and founder of Tax 4 Pros. In plain English: the long term resident test that put your worldwide estate into UK inheritance tax from 6 April 2025, why leaving does not switch it off, the five year capital gains tax clock that never lines up with the estate tail, and the trip wires most people miss, including pensions coming into the estate from April 2027. APPLY FOR A TAX STRATEGY REVIEW If you are genuinely thinking about leaving, the worst thing you can do is wing it. This is exactly what we do at CT Private Office. We map the residence test, both clocks and the estate tail before you move a thing, so you leave once, properly, the legal way, not a scheme. Apply for a Tax Strategy Review: https://apply.ctprivateoffice.com (on screen, in the description, and pinned in the comments). NEXT WEEK: another real tax lesson on what the wealthy actually do, legally. Subscribe so you don't miss it. CHAPTERS 0:00 Intro 0:55 The Rule That Changed Everything 1:48 The Ten Year Tail 2:36 The Two Clocks 3:33 The Trip Wires 4:34 The Real Lesson SOURCES Residence based inheritance tax from 6 April 2025 (domicile no longer determines IHT): Finance Act 2025; HMRC IHTM47020. Long term resident is UK resident for 10 of the last 20 tax years, putting the worldwide estate into UK inheritance tax at 40%. The tail on leavers (3 years rising to 10): HMRC IHTM47020. 13 tax years of UK residence or fewer gives the minimum 3 year tail, rising to a 10 year tail at 20 or more years of residence, counted in tax years of non residence. Temporary non residence and Capital Gains Tax (the 5 year clock): HMRC HS278. You must be non resident for 5 complete tax years, or gains can be pulled back into UK tax in the year you return. Pensions into inheritance tax from 6 April 2027: Finance Act 2026; gov.uk "Inheritance Tax on pensions" technical note. Nil rate band £325,000 and residence nil rate band £175,000, both frozen to 5 April 2031: gov.uk Inheritance Tax thresholds. Statutory Residence Test (day count and ties): HMRC RDR3. Broadly under 16 days in the UK if resident in any of the previous 3 tax years. Public figure clips via GIPHY (added in editing, where available). This video is general commentary, not personal tax advice. Tax treatment depends on individual circumstances and may change. Take professional advice before acting. #UKTax #InheritanceTax #Emigration