The recent reforms to the taxation of non-UK domiciliaries date back to George Osborne's 2015 Summer Budget, when the then chancellor declared:
'There are some fundamental unfairnesses in the non-dom regime that I am putting a stop to today ... British people should pay British taxes in Britain, and now they will.'
Tax Journal examines the provisions now contained in the current Finance Bill and the draft provisions for inclusion in Finance Bill 2018, with recent commentary on:
a '20 questions guide' - including the relevance of domicile, the position from 6 April 2017, overseas trusts, UK residential property, what should advisers be doing now;
The recent reforms to the taxation of non-UK domiciliaries date back to George Osborne's 2015 Summer Budget, when the then chancellor declared:
'There are some fundamental unfairnesses in the non-dom regime that I am putting a stop to today ... British people should pay British taxes in Britain, and now they will.'
Tax Journal examines the provisions now contained in the current Finance Bill and the draft provisions for inclusion in Finance Bill 2018, with recent commentary on:
a '20 questions guide' - including the relevance of domicile, the position from 6 April 2017, overseas trusts, UK residential property, what should advisers be doing now;
