The number of people claiming non-domicile tax status has significantly
increased in the wake of the government’s amnesty for offshore bank accounts.
Revenue & Customs has said that 112,000 taxpayers claimed to be
non-domiciled in the UK in 2004/05 to avoid paying income and capital gains
But tax experts have confirmed an unprecedented surge in non-dom applications
for this tax year that could push the number over 200,000,
‘People are telling the Revenue that they meant to sign non-dom forms and
that not filling them in was an oversight. The amnesty is pushing people further
offshore,’ one tax expert told the newspaper.
Drastically fewer offices for HMRC in the hope to reduce their running costs
Tayabali Tomlin and d&t directors launch £20 a month TaxGo service, aiming to be the 'biggest UK firm' by client numbers
Companies must report on their complex financial structures including offshore accounts and notify HMRC
An examination by the Public Accounts Committee (PAC) has revealed serious concerns relating to HMRC’s plans