Published 2 months ago

UK to Replace ‘Non-Dom’ Regime With Residency Based System

Summary by Ground News

From April 2025, new arrivals to the UK not required to pay any tax on foreign income and gains for their first four years. Two-year period of individuals being encouraged to bring wealth earned overseas to UK. Will attract onshore an estimated additional �15 billion of foreignincome and gains.

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bloombergtax.com

UK to Replace ‘Non-Dom’ Regime With Residency Based System

The UK government will abolish the non-dom tax status and replace it with a “modern, simpler and fairer residency-based system,” Chancellor of the Exchequer Jeremy Hunt says in the Spring Budget Statement.

2 months ago

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UK to Replace ‘Non-Dom’ Regime With Residency Based System

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UK to Replace ‘Non-Dom’ Regime With Residency Based System

UK to Replace ‘Non-Dom’ Regime With Residency Based System

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