#non-dom-status

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fromBusiness Matters
2 days ago

Rachel Reeves launches review into impact of non-dom tax overhaul

The chancellor will assess self-assessment tax returns for the 2025-26 tax year, with findings expected to be published in 2026. It marks the first time the government has publicly confirmed that it is formally evaluating the consequences of ending the centuries-old tax regime. Non-dom status, which was scrapped in April, previously allowed wealthy UK residents to avoid paying British tax on income and assets held overseas by claiming their permanent home was abroad.
UK news
UK politics
fromBusiness Matters
1 week ago

Non-dom tax revenues branded 'fantasy economics' by former government economist

Government forecasts assume nearly £16bn from repatriated overseas assets after abolishing non-dom status, but those receipts are unlikely under current rules.
UK news
fromwww.standard.co.uk
7 months ago

UK sees big fall in billionaires after non-dom tax crackdown, Rich List shows

The UK experienced a record decline in billionaires due to a crackdown on non-dom tax status.
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