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According to the official government page, "UK residents who have their permanent home ('domicile') outside the UK may not have to pay UK tax on foreign income." [1] In the 2012/13 tax year more than 113,000 people in the UK claimed non-dom status. [2] The Independent estimated that there were about 116,000 in 2013, an increase of 33,000 since ...
Non-dom status enables people who live in the UK to avoid paying UK tax on money made abroad because their permanent home for tax purposes is outside the country.
Pages in category "People with non-domiciled status in the United Kingdom" The following 7 pages are in this category, out of 7 total. This list may not reflect recent changes .
[clarification needed] [24] Since 6 April 2017, non-doms who have been resident in the UK for 15 out of the last 20 tax years lose their non-dom status [25] and become liable for tax on worldwide income and capital gains, and their worldwide assets become subject to inheritance tax on death. [26] [27]
In 2018, more than 40% of UK residents with income of £5 million ($6.4 million) a year claimed non-dom status, according to research from the London School of Economics and Political Science, and ...
A non-dom tax status typically applies to someone who was born overseas, spends much of their time in the UK but still considers another country to be their permanent residence or “domicile”.
The two policies – abolishing “non-dom” tax exemptions and extending the windfall tax on oil and gas companies – had been earmarked by Labour to fund additional NHS appointments and free ...
He was nominated by Conservative party leader William Hague on the condition that he became a UK resident, although at the beginning of 2010 he announced his "non-domiciled" tax status. [7] Ashcroft had announced that he intended to take the title "Baron Ashcroft of Belize", a suggestion that infuriated his political opponents.