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.
What other taxes do RNDs pay?
While the figures vary, roughly 115,000 people claim to be taxed as RNDs, and those people paid £72,000 in other taxes (e.g. income tax, capital gains tax, VAT) per person for the 2013/14 tax year, so HMRC received c£8bn from RNDs for the most recent year from which statistics are available.
Tags: Non Doms
