16 Feb 2011
NON-DOMS ARE paying an average of £48k a year in tax each, the Treasury has revealed.
There were 123,000 people claiming non-domicile tax status, who paid £5.9bn in tax.
Further reading
Chancellor George Osborne had been expected to announce a crackdown on non-doms in next month's Budget. But Treasury sources have indicated this is unlikely, as the government is reluctant to lose the revenue generated by the non-doms.
The Labour government introduced a levy of £30,000 per year in 2008 for people from overseas who wish to enjoy the non-dom tax benefits.
Some 5,400 non-doms paid the £30,000 charge in 2008/2009.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
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Visitor comments Add your comment
non domiciles
"The 5,400 people with non-domicile status paid £5.9bn a year in tax last year "
Quick exit from first edition headline - must have good accountants?
Posted by: rob boney, 16 Feb 2011 | 15:59