Market leading insight for tax experts
View online issue

Residence and Domicile Update

Lynnette Bober National Tax Consultant at Smith & Williamson provides a post-Finance-Bill update on the changes to residence and domicile
The residence and domicile review began in 2002 and it is clear that the Chancellor is determined that the Finance Act 2008 should mark the close of the review (we are told that after the Finance Act 2008 amendments to the rules passed in this Parliament or the next will be restricted to technical amendments to ensure that the legislation works as intended).
The results of the review of residence must be considered separately from those of the domicile review. It was hoped that a comprehensive statutory residence test which would provide taxpayers with certainty whilst being internationally competitive would result from the review of residence. It would...
If you are not a subscriber, subscribe now to read this content.
If you are already a subscriber, sign in
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.