I limit my holding of unit trusts to under the inheritance tax threshold. (The large bulk of my investments is in UK investment trusts which I hold through an offshore brokerage.) However, the value of the unit trusts is now over £325,000. Is there any way to hold UK unit trusts in an offshore brokerage account?
I'm aware that some overseas brokers offer mutual funds, but the choice is limited - particularly if one wants GBP classes - and the charges are higher than for UK equivalents. They are also somewhat harder to research.
I believe I'm no longer domiciled in the UK, hence the IHT situation.
Thanks.
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Holding UK Unit Trusts Offshore?
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