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Non-Doms: The New Political Battleground

By International Adviser, 10 Apr 15

Some commentators were prompted to say that the election battle began in earnest earlier this week, with Ed Miliband’s announcement Labour will do away with the rules which provide for the remittance basis of taxation in the UK.

So how much does HMRC actually receive from this tax?
Gallery

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So how much does HMRC actually receive from this tax?

On latest estimates, HMRC expects to receive £300m from the remittance basis charge alone for the 2013/14 tax year.

 

Tags: Non Doms

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.