The latest figures on taxpayers claiming non-domiciled status on their tax returns reveal how highly mobile the UK’s population of non-doms is says law firm Pinsent Masons.
In 2012/13 a total of 110 700 taxpayers claimed non-domiciled status on their tax returns. Of these just 1.51% indicated that they were born in the UK but had never been domiciled here suggesting that the vast majority are likely to have strong ties overseas.
During 2012/13 the number of taxpayers claiming non-domiciled status for the first time was 25 000 accounting for nearly a quarter of the total number of non doms. This ‘churn’ suggests that the UK’s population of non-doms is highly mobile.
Significant numbers of non-doms may have moved away from the UK. The number of...
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:
The latest figures on taxpayers claiming non-domiciled status on their tax returns reveal how highly mobile the UK’s population of non-doms is says law firm Pinsent Masons.
In 2012/13 a total of 110 700 taxpayers claimed non-domiciled status on their tax returns. Of these just 1.51% indicated that they were born in the UK but had never been domiciled here suggesting that the vast majority are likely to have strong ties overseas.
During 2012/13 the number of taxpayers claiming non-domiciled status for the first time was 25 000 accounting for nearly a quarter of the total number of non doms. This ‘churn’ suggests that the UK’s population of non-doms is highly mobile.
Significant numbers of non-doms may have moved away from the UK. The number of...
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:
90a1d87b-c1b5-43c3-a720-cd324830adee.tmb-editorspic.jpg?sfvrsn=1b2d0a7e_1)
