Government in review of non-doms’ dual contracts

by Calum Fuller

More from this author

17 Jan 2014

  • Comments

THE USE of dual contracts by non-domiciled taxpayers is under government scrutiny amid fears the practice is used to artificially drive down tax bills.

The legislation, set to be included in the Finance Bill 2014, is designed to tax certain overseas earnings and employment income of non-domiciled individuals on an ‘arising' basis. In other words, the income caught by this measure will cease to be eligible for remittance basis tax treatment.

The government believes dual contracts are used by non-domiciled individuals to create what are typically artificial divisions between the duties of a UK employment and an employment overseas in order to obtain a tax advantage.

The measure will come into effect for income arising in tax year 2014/15 and thereafter, while the draft legislation notes it will not apply to overseas income that falls within the three-year period for Overseas Workday Relief.

Visitor comments

blog comments powered by Disqus

Add your comment

We won't publish your address

By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

  • Send

Charterhouse Accountants

Finance Officer

Charterhouse Accountants, Beaconsfield, Permanent, Full Time, £ Competitive




Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials


Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you



Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.


iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.