Market leading insight for tax experts
View online issue

Non-doms post-Budget: where are we now?

Helen McGhee and Lynnette Bober (Joseph Hage Aaronson) provide an overview of the new rules and highlight some key points to watch.

The first Budget of the Labour government has been hotly anticipated and there was some hope from many practitioners at the coal face that there might be an element of row back from the Chancellor (to dampen the unintended economic impact) with respect to the changes to the taxation of foreign domiciled individuals as set out in the 29 July 2024 policy paper. No such softening appeared.

There were four sets of documents in total posted as part of the 30 October 2024 Budget under the heading ‘Changes to the taxation of non-UK domiciled individuals’:

  1. A 34-page PDF technical note providing detail about the various changes.
  2. A tax information and impact note along with a 103-page PDF containing the draft legislation.
  3. A call for evidence with...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top