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.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy