Mark Davies suggests that non-doms should be encouraged in a letter to Financial Times

Sir, I am surprised at the recent criticism of the “non-domicile” tax regime. My recent Freedom of Information request to HM Revenue & Customs revealed that there were only 110,700 non-doms in the tax year 2012-13 (the most recently available figures). Of these, 64,000 paid tax on their worldwide income and gains, with only 46,700…

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Autumn Statement – Significant announcements for nondoms

A tax update from Mark Davies & Associates Ltd Autumn Statement – 3 December 2014 George Osborne has delivered his final Autumn Statement before the General Election next year. As usual here are our comments directed at our non-dom clients and their advisers. Changes to the Remittance Basis Charge (“RBC”) Some foreign domiciled individuals, “nondoms”,…

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