TaxAdministrationNon dom eligibility widespread

Non dom eligibility widespread

Up to five million people could be non-doms

Almost five million people could be eligible for
non-dom status according to information obtained by the
Sunday
Telegraph
.

The paper says that information from the Treasury reveals up to 4.9 million
people could use non-dom status because they or their parents came to Britain
from overseas.

The status would only work if bank accounts or property are held offshore.

Controversy over non-dom status was recently reignited by the news that Tory
donor Lord Ashcroft remains a non-dom, not paying tax on his overseas income.

Read more:

Ashcroft
confirms tax status

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