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10 implications of the UK General Election result for non-doms

13 May 15

The Conservative Party’s surprise majority victory in the UK General Election will allow the new government to press ahead with its promise to make greater efforts to counter tax avoidance and evasion. Here are 10 points that highlight what this means for those claiming non-domicile tax status.

1. Tackling tax avoidance
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1. Tackling tax avoidance

The UK tax office has recently introduced a number of measures to tackle tax avoidance and evasion, which will mean HMRC is likely to be spending more time and resources in investigating people, rather than helping “little” people be compliant.

Tags: Non Doms | Tax Avoidance

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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.