Non-domiciles
The Chancellor was asked when he would implement his plans to end non-domiciled tax status for foreign nationals resident in the United Kingdom. Dawn Primarolo's non-committal reply was that 'the Chancellor keeps all aspects of the tax system under review'.
Non-domiciles
The Chancellor was asked when he would implement his plans to end non-domiciled tax status for foreign nationals resident in the United Kingdom. Dawn Primarolo's non-committal reply was that 'the Chancellor keeps all aspects of the tax system under review'.
Another question concerned the reasons why Lakshmi Mittal and his company did not pay tax in the United Kingdom, but Ms Primarolo said that section 182, Finance Act 1989 prevented the Revenue from commenting on the tax position of specific individuals or companies.
Also on the subject of non-domiciles, a written question asked the Chancellor to estimate the tax losses due to tax-free non-domicile status in the last three financial years. Ms Primarolo responded that individuals who were not domiciled in the United Kingdom were liable to United Kingdom income and capital gains tax as they arose and on overseas income and gains remitted or brought to the United Kingdom. She did not provide any specific figures.
(Source: Hansard, 7 March 2002, Vol 381, No 111, col 470 to 471W.)