We are running a webinar following the Autumn Budget to discuss the impact of the changes which have been trailed and which are likely to impact on non-doms and those moving to / from the UK, and the tax impact of changes for trust structures. Details Speakers
Date: 30 July 2024 The new Chancellor Rachel Reeves has now provided some signposts for taxpayers and advisers with regard to the replacement of the non-dom regime. We outline below what we know, and what we don’t. New Regime for Income and Gains The Government has announced that they will be continuing with the Conservative […]
Date: 21 May 2024 Labour have made a brief announcement in response to Chancellor Jeremy Hunt’s plans to abolish the non-dom regime. There is even less information to go on than the Budget documents. Where information is lacking, speculation takes its place and so we will keep this update brief: Labour appear to be proposing […]
Date: 12 March 2024 In his Budget of 6 March 2024, Chancellor Jeremy Hunt announced significant changes to the non-dom regime – effectively abolishing the need to reference domicile in tax law by replacing it with a residence based test for those who have not been UK tax resident in the last ten years (the […]