Stand-out Q – non-doms…


THU, 06 APR 2017

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What are the changes that were made to the UK domicile rules and what impact will this have on an individuals tax position from April 2017?


From April 2017 onwards, anyone who has been UK resident for 15 out of the past 20 years will be considered UK-domiciled for tax purposes. These individuals will be taxed on a world-wide basis, and will no longer be able to take advantage of the remittance basis rules. Also from April 2017 it is not possible for non-doms to avoid paying inheritance tax on residential property in the UK by using offshore structures.

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