Market leading insight for tax experts
View online issue

The latest on non-dom reforms

The chancellor announced in his Budget speech on 8 July 2015 that: ‘I am today abolishing permanent non-dom status. Anyone resident in the UK for more than 15 of the past 20 years will now pay full British taxes on all worldwide income and gains. We will consult to get the detail right.’ 
The way the government proposes to implement this is by deeming someone who has been resident in the UK for at least 15 out of the preceding 20 tax years to be domiciled in the UK for tax purposes. (There is also a stricter provision for people who were born domiciled in the UK.) 
A consultation paper was published on 30 September 2015 and this has been followed by a further consultation paper published on 2 February 2016 (see which...

If you or your firm subscribes to, 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 '' for further assistance.