Partner Matthew Radcliffe has been quoted in an article from the Financial Times on new HMRC data suggesting fears of a mass departure of non-domiciled taxpayers from the UK following recent tax reforms may have been overstated. Matthew highlights the stability of the figures, despite significant changes to the non-dom regime.
What is particularly striking is the stability in the data… The non-dom population remained broadly unchanged . . . suggesting many internationally mobile individuals chose to stay rather than make immediate decisions about relocating.
The full article is available from the Financial Times via subscription only.
About Matthew
Matthew Radcliffe is part of the private client team, advising on a broad range of UK tax, estate planning and cross border matters for internationally mobile and US connected clients, with particular experience in trust structuring, succession planning and the UK tax treatment of foreign entities.
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