Is the UK still attractive to non-doms?

The number of non-domiciled taxpayers is stabilising after the significant reforms introduced in 2017. Tim Crook, head of tax at Gherson solicitors, considers the pros and cons

There has been much media coverage over the years on UK resident but non-UK domiciled individuals (commonly referred to as non-doms) and the tax regime that applies to them.  Some of this coverage has been supportive saying that such individuals make a substantial contribution to the UK and that they should be encouraged to move here. 

However, a lot of the coverage is negative and criticises what is seen as the preferential tax treatment they receive. HMRC has recently published its annual statistical commentary on non-domiciled taxpayers in the UK. This article considers the numbers, what they show and whether the UK is still attractive to non-doms.

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