April 23, 2024
Proposed reform to the non-UK domiciled tax system
The 2024 Budget announcements included proposals that will change the taxation system for non-UK domiciled individuals with effect from 6 April 2025. The current remittance basis of taxation will be replaced with a regime based on the number of years of tax residence.
Read the flyer below to learn more about the proposed reforms which includes an illustrative flowchart to help navigate these changes.