Sovereign Group chair/founder Howard Bilton weighs in on UK non-dom tax furore

clock • 5 min read
Sovereign Group chair/founder Howard Bilton weighs in on UK non-dom tax furore

In the current debate in the UK over the non-domicile tax status of Chancellor Rishi Sunak's wife Akshata Murty, it does, on the face of it, seem grossly unfair that the wealthiest foreign residents of the UK should pay little or no income tax, says Howard Bilton, chairman and founder of The Sovereign Group.  However, non-doms contribute massive amounts of revenue to the UK exchequer in many different ways and the likelihood is that, without them, the tax burden on normal UK residents woul...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login