PBR 07: Non-doms to pay £30,000 levy

The government has announced a levy of £30,000 on non-doms who have stayed in
the UK for more than seven years.

Despite rubbishing the Tories’ plan to introduce a £25,000 levy last week,
government PBR documents revealed the almost identical levy to be intriduced by
chancellor Alistair Darling.

‘UK residents who are non-domiciled, who currently pay £4bn in UK tax on UK

earnings, will now also have to pay an annual charge of £30,000 to ensure
that they contribute in respect of the foreign income and gains which they

keep abroad and on which they do not pay UK tax,’ government documents say.

Related reading