Non-doms: has the exodus begun?
According to official HM Treasury figures, approximately 16,000 non-domiciled (“non-dom”) individuals – or 11.5 per cent of the total number of non-doms in the UK - left the country in 2008/9, the...
Latest news and views tagged remittance
RSSNon-dom taxation: time for a re-think?
The BBC recently reported that the £30,000 remittance charge levied on non-domiciled (“non-dom”) individuals in the UK raised just £130m in its first year – way below the £650m that the former...
HMRC concessions on offshore bank accounts
There has been clarification by HMRC on the taxation of certain capital gains tax losses from transactions on foreign currency bank accounts as well as two new concessions.
The losses referred to...
