News - UK - domiciled intending to leave
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One in four UK non-doms plan to emigrate Accountancy firm Moore Stephens has conducted a survey purporting to show that a quarter of resident non-domiciles are planning to leave the UK within a year. |  | |
The most common reason is the much stricter rules on taxation of non-doms, including the GBP60,000 annual remittance basis charge; the deemed-domicile rules for long-term non-doms; and the 'failure to correct' legislation, which introduced heavy new penalties for offshore non-compliance. The other most common reasons given by non-doms for considering leaving the UK were the less welcoming environment from the Government (26%) and Brexit (23%). For a consultancy on your non-dom status contact us Source: Moore Stephens | ||
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