Treasury delays reform on statutory residency

Reform to the test was originally planned to come in from April 2012, but the Treasury announced this morning any changes will not take effect until April 2013. Any reforms to ordinary residence will be introduced at the same time, the government said in a statement, and another announcement will be made at Budget 2012. The Treasury proposed a tighter test of residency in its consultation, the Statutory definition of tax residence, in June 2011. The proposed rules would make it more difficult to become a non-dom when leaving the UK than it is to become a resident when arriving in t...