‘Tax them as everyone else is taxed on UK assets and earnings’
‘It may be possible to trigger foreign income and gains prior to 6 April 2025’
Suggestions of plans for a scrap have been circling in multiple reports
Jeremy Hunt will deliver his second Spring Budget as chancellor next week
Professional advisers must be more aligned
Advising non-doms after the Summer Budget clampdown
Non-domiciled residents' contributions to the UK Exchequer have been defended after Labour leader Ed Miliband confirmed his party would abolish the 'non-dom' tax status if it came to power following next month's general election.
Non-domiciled holders of whole-of life policies may no longer qualify for an exemption of inheritance tax under new HMRC rules, sparking the need for revised estate planning to avoid unexpected tax bills, Skandia has warned.
Her Majesty's Revenue & Customs (HMRC) has cancelled a campaign designed to educate non-UK domiciled (non-dom) individuals about making remittances following concerns from an accountancy body.