Section 6B — Inheritance Tax Act 1984: “Long-term UK resident”: young persons

“Long-term UK resident”: young persons 6B 1 In the application of section 6A(1) for the purpose of determining whether a young person is a long-term UK resident at any time in a tax year (“the current tax year”), that subsection has effect as if—

a for “20” there were substituted the number of whole tax years for which the person was alive before the current tax year, and b for “10” there were substituted half the number mentioned in paragraph (a) (rounded up, if not a whole number, to the next whole number).

2 In subsection (1), “ young person ” means an individual who was under the age of 20 immediately before the current tax year.

3 For the purposes of this Act, an individual is not a long-term UK resident at any time in a tax year if they were under the age of 1 (or were not yet born) immediately before the tax year.