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Non-Dom tax changes re-introduced in Finance Bill (No.2) 2017

Non-Dom tax changes re-introduced in Finance Bill (No.2) 2017

Thursday 13th July 2017

The Government today confirmed that the changes to the UK taxation of non-domiciled individuals will be introduced as previously intended.

Updated draft legislation has been published as part of the supporting documents for a second 2017 Finance Bill. At first glance the legislation appears as it was initially drafted, with some minor technical tweaks. The changes will take effect from 6 April 2017, as originally envisaged.

What does this mean?

Any planning put in place prior to 6 April 2017 should be fit for purpose, although in due course we will review the details and provide any relevant updates.

Where further action is required as a result of that planning, we will be in touch to confirm the next steps.