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.
How does it work now?
The UK, and London especially, has a huge number of residents who hail from all corners of the globe.
Depending on the extent of their continuing attachment to their domicile of origin, these people can opt to be taxed on the remittance basis.
Tags: Non Doms
