Tories look to hit non-doms on tax

Tories to announce plan to hit non-doms harder on tax

Written by Kevin Reed

Non-domiciles will face tougher tax treatment under a Conservative government, the party is expected to announce today.

Shadow chancellor George Osborne will announce a package of tax changes, including easing the inheritance tax regime.

However a plan to take more tax from non-doms is expected to be among the biggest of his announcements.

The current government has received criticism for not changing tax rules to target non-doms.

The Tories could also introduce a new pension compensation scheme.

Chancellor Alistair Darling described the plans as 'a mass of contradictions', reported The Guardian.

Further reading:

Lib Dems face tax haven link

Lib Dems move on non-doms

Non-dom billionaire vows to bankroll Brown

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