Around 143,000 individuals completing self-assessment returns have a residence or domicile status that would allow them to pay tax on the remittance basis, according to the Treasury
PricewaterhouseCoopers has moved to give notice to taxpayers who enjoy non-domicile or non-resident status that HMRC have updated their line of questioning on the latest self-assessment tax returns — and people's answers may well lead to extra enquiries.
Leading tax expert John Whiting has suggested care be taken on potential reforms, following criticism by the Liberal Democrat's Vincent Cable of perks for the 'super-rich'