Reforms to the taxation of non-domiciles: further consultation
Read the full outcome
Detail of outcome
This consultation response sets out the detail of the legislation to deliver the reforms to the taxation of non-domiciles announced at Summer Budget 2015.
Original consultation
Consultation description
At the Summer Budget 2015, the government announced a series of reforms to the way that individuals with a foreign domicile (‘non-doms’) are taxed in the UK. These changes will bring an end to permanent non-dom status for tax purposes and mean that non-doms can no longer escape a UK inheritance tax (IHT) charge on UK residential property through use of an offshore structure like a company or a trust.
At the Autumn Statement 2015, the government made a further announcement that it would consult on how to change the Business Investment Relief rules to encourage greater investment into UK businesses.
A consultation was published in September 2015 setting out the detail of the proposals to deem certain non-doms to be UK-domiciled for tax purposes. This document provides an update on those proposals and sets out the detail of proposals to charge IHT on UK residential property.
Documents
Updates to this page
Published 18 August 2016Last updated 5 December 2016 + show all updates
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Consultation response published.
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List of respondents updated
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First published.