articles: non doms

Non-dom tax update

Following the end of the tax year on 5 April, many long-term non-doms (broadly speaking, those who have been UK-resident for 15 years) will be completing a tax return on a worldwide basis for the first time.
 
 

Non-dom Update

It has been announced by the UK Government that the Finance Bill proposals relating to non-doms that were dropped prior to the election will be reintroduced, and that they will take effect from 6 April 2017 as originally envisaged. It is not clear when this will occur – the statement simply says "as soon as possible", and that could be as late as October, subject to no change of government.