The UK election was held on 7 May 2015 and the Conservative Party won by a narrow vote.  But what does this mean for British expats?
A welcome policy of the conservatives is the introduction of a transferable ‘family home allowance’ worth GBP175,000 on top of the existing GBP325,000 inheritance tax threshold which will enable a number of family’s to pass on their homes without the concern of crippling inheritance tax.  Whilst this will greatly benefit families residing in the UK, expats may find issues with what constitutes a ‘family home’ if they have not been residing there for some time.