Monday, 12 September 2016

UK could lose billions by making wealthy non-doms pay more tax, experts claim

The Independent: The Government is risking more than £6bn of tax revenue by changing rules governing non-domiciled taxpayers, an international law firm has warned.  Pinsent Masons said that proposals to scrap non-dom tax status for people living in the UK long-term, due to come into force in April 2017, could prompt many wealthy residents to leave.

Full story: http://www.independent.co.uk/news/business/news/uk-lose-billions-non-dom-tax-rules-wealthy-say-experts-a7238156.html