During the presentation of the national Budget last Wednesday, the UK Chancellor of the Exchequer announced the abolition of the “Non-Domiciled” tax regime, a feature of the UK tax system with more than two centuries of history, from 6 April 2025. In this article we will analyse the consequences of the possible end of this special tax… Continue reading Will the NON-DOM regime in the UK come to an end? What are the alternatives?
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Tag: UK
Forthcoming reforms to the UK non-dom regime
The UK non-dom regime is a tax regime characterised by the absence of taxation of income received from abroad, except for income remitted to the UK, whereby capital gains arising in the UK are taxed exclusively for a period of seven years. In recent months, the debate on a possible reform of this attractive tax regime has… Continue reading Forthcoming reforms to the UK non-dom regime
Important Changes in UK Tax Legislation Announced in the Spring Budget
The recent announcement by the Chancellor in the context of the spring budget has marked a significant milestone in the field of international taxation in the UK, with substantial changes to the rules regarding tax domicile. This change, seemingly stemming from policies proposed by the Labour Party, constitutes a long-debated revision regarding the tax domicile… Continue reading Important Changes in UK Tax Legislation Announced in the Spring Budget