Wednesday 8 July 2015

Summer Budget 2015 Permanent non-domicile status is to come to an end and there are new IHT rules

ICAEW: Permanent non-domicile status for tax purposes will be abolished from April 2017 and there will be new IHT rules for UK residential property held indirectly by non-UK domiciled individuals or by excluded property trusts.

Full story: http://www.ion.icaew.com/TaxFaculty/post/Permanent-non-domicile-status-is-to-come-to-an-end-and-there-are-new-IHT-rules