Residence & domicile

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Those who enjoy non-domiciled tax status in the UK will be required under the next Conservative government to pay an annual levy of £25,000

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'

CBI director general Richard Lambert has extolled the virtue of greater transparency to the tax arrangements of both private equity and non-domiciles.

état du Grand-Duché de Luxembourg v Lakebrink and another (C-182/06), European Court of Justice, 18 July 2007

ROGER LAWES reconnoitres the new layout of self assessment tax returns

Draft legislation to amend ITEPA 1002, Ch 5

Non domiciles

Jane Kennedy, recently appointed Financial Secretary to the Treasury, confirmed, in answer to an oral question, that the tax status of non domiciles would be kept under 'very close review'. She added in response to another question that 'fairness in the tax system is one of our primary objectives, but it is also important to promote the UK's competitiveness, by remaining an attractive place to do business'.
Taxation's conclusion? It's back on the 'too difficult' pile.