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.