Hold on Changes to UK Taxation of Res Non-Doms

The UK has a well-established Resident Non Domiciled (“Res Non Dom”) scheme, which allows those residents of the UK who are domiciled outside of the UK to elect to be taxed only on UK source income (remittance basis of taxation).

Our article of September 2011, found here, sets out the then current tax rules allowing individuals, who are resident but not UK domiciled, to elect to be taxed under the Remittance Basis. This enables them to only be taxed on their UK income and gains, as well as any overseas income and gains remitted to the UK.

Read more on our UK site here.