Calls to delay the changes to non-dom taxation have been rebuffed by
chancellor Alistair Darling, as he yesterday refused to bow to pressure to make
further climb downs.
‘We have got a consultation, which is running until the end of February, and
obviously I must listen to what people have got to say. But frankly once you’ve
decided on a policy, to start looking at delaying it doesn’t help anyone at
all,’ Darling told the BBC.
The chancellor said the policy of levying a £30,000 charge on non-doms who
had been in the UK for more than seven years was fair, and said the
‘clarification’ of draft legislation over how accrued gains in off-shore trusts
would be taxed was a reasonable response to concerns in the City
Business has vowed to continue pushing for change ahead of the March 12
Budget, and is expected to lobby aggressively to change the Treasury decision to
tax capital realised in off-shore trusts.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
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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