German industry pressures Darling on non-doms

German industrialists urge chancellor to 'rethink' non-dom levy

Written by Nicholas Neveling

Pressure is mounting on Alistair Darling to rethink his decision to levy a £30,000 charge on non-domiciled taxpayers.

German Industry UK, a lobby group representing 250 German companies in the UK, has described the decision as 'highly regrettable' and urged the chancellor to reconsider.

The group, the FT reports, has called on the government to delay the new policy and open a consultation on the changes.

'It would also grant us the time to get our financial affairs in order, which is only fair,' the group said in a letter to Darling.

It is estimated that there are between 10,000 and 20,000 Germans working in the UK.

Further reading:

Find out more about German Industry UK

Taxman: 'We'll contest amnesty non-doms'

Advertisement

Enjoyed this article? Help spread the word:

Comments

White papers

Related jobs

More Accounting jobs

Spotlight

Management Consultancy Top 75

21st annual survey shows another £1bn on revenues

bryan clark, chief information officer at kpmg europe

Profile: Bryan Clark, chief information officer at KPMG Europe

Getting the right infrastructure is instrumental in consolidating KPMG’s European...

Apprentices, Arnie and Archos in the latest YP

September issue of Young Professional appraises the year for our...

Find your next job

Find your next job

Advertisement

Salary Checker

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Search white papers

Search white papers

Advertisement

Have your say

Should fair value accounting be suspended in the wake of the market crisis?
Yes, it's a big part of the problem
No, don't shoot the messenger

Job of the week

More finance jobs

Advertisement

Your next job