Non dom

In their attempt to simplify and reduce the tax breaks currently available to non-UK domiciled individuals (Non-Doms), the Government’s proposed legislative changes will remove the concept of ...

There has been a huge amount of press around the fact that Rishi Sunak’s wife, Akshata Murthy, is a “non-dom” and able to access the “remittance basis of taxation”.In case it isn’t clear this isn’t a ...

It has become evident that HMRC are acting on information received under the Common Reporting Standards (“CRS”) and other information exchange agreements to make contact with taxpayers that they ...

As previously discussed here  HMRC have been targeting taxpayers who they believe have overseas income and gains, which may not have previously been disclosed.