11 implications of the UK General Election for non-doms

The Conservative Party’s surprise majority victory in the UK General Election will allow the new government to press ahead with its promise to make greater efforts to counter tax avoidance and evasion. Here are 11 points that highlight what this means for those claiming non-domicile tax status. The UK tax office has recently introduced a…

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Ed Miliband promises to scrap non-dom status – our response

Let’s imagine a state with only 25 people living in it. Say they collectively agree to let a wealthy foreign taxpayer join them, thereby reducing their collective tax burden by half. Let’s say that the foreign taxpayer pays proportionately less than the state’s wealthiest citizens, but less than he would normally pay in the state…

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Essential Tax Update on Budget 2015 for our international clients

An essential update for foreign domiciliaries and their advisers On 18th March George Osborne revealed his 6th and final Budget before the General Election. On the whole, there were few significant changes in personal taxation for the moderately well off.  The Chancellor set the tone when he said that the top 1% of earners will now…

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