New rules will ‘eviscerate the non-dom tax base’ prediction
30 October 2024
The changes confirmed by the Chancellor to the Resident Non-Domicile Regime brings months of uncertainty for UK resident non-domiciled individuals to an end, but could see non-dots either the UK to more favourably taxed jurisdictions, undermining Labour’s projected tax revenues, say experts. The Budget document says: ‘The government will legislate to abolish the remittance...