HMRC determined to pluck the non-doms' tax goose
Back in 2002, HMRC began its operation to overhaul the generous system of taxation of those who are resident but not domiciled in the UK. The first major review of the UK's residence and domicile rules was announced by the chancellor of the Exchequer in that year's budget.
To read more about the changes go to Spear's Wealth Management Magazine.
Related in brief posts
The proposed stamp duty surcharge might pose more problems for foreign investors.
HMRC has launched a consultation on a review of the government's principles for taxing trusts. Fiona Poole examines the review in more detail.
In a bid for ever-increasing transparency, the UK government intends to continue the trend with the introduction of a further beneficial ownership register.