UK non-doms: what are the main political parties saying?

clock • 5 min read

One of the key political and economic questions is whether keeping the remittance basis is of overall net benefit to the UK economy and/or Treasury. In a briefing article on 19 June, associate Ed Cubitt in the private client and tax team at law firm WithersWorldwide took a look at some of the major parties' stated positions on the taxation of non-UK domiciliaries. Conservative Many tax advisers had anticipated that the Chancellor could announce at the Spring Budget a comprehensive review of the non-dom regime or a reduction of the 15 year limit.  This did not come to pass and the C...

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