Test your understanding: answers

(1). Statement A is false
Jay will be subject to UK IHT on any UK assets.

Statement B is true
Disposals of UK land and buildings are subject to UK CGT, regardless of the residence status of the person making the disposal.

(2). Statement A is true
Chough will be subject to UK CGT on his worldwide assets.

Statement B is false
Chough will be subject to UK income tax on his worldwide income. The remittance basis is not available because Chough is both tax resident and domiciled in the UK.

(3). Statement A is false
Quail will not be deemed domiciled in the UK unless he also has a domicile of origin in the UK.

Statement B is false
The rules for determining deemed domicile status for IHT are not exactly the same as those relating to CGT.