‘Once in a lifetime opportunity’ for UK non-doms
By Will Grahame-Clarke, 11 Apr 18
Blick Rothenberg partner Lee Hamilton shares his tax tips, including a once in a lifetime opportunity this year, for UK non-domiciled individuals.
In this second part of his top tips for the new tax year, Hamilton reveals his four pointers for incoming expats looking to live or work in the UK:
- Take advantage of a ‘once in a lifetime’opportunity this year for non-domiciled individuals (non-doms).
Until 5th April 2019, the government has granted non-doms the right to remit funds to the UK without incurring a UK tax liability on the transfer. Certain conditions must be fulfilled and actions taken to achieve a tax effective remittance.