Non-dom rules are expected to stay in place for the future, said City
minister Lord Myners.
Responding to questions from Labour and the Lib Dems about removing the
rules, Lord Myners said the concept of non-domicile was beneficial to the UK
Labour former treasury minister Lord Barnett called for the rule to be
abolished all together and leave residence as key in paying full tax.
Lib Dem Treasury spokesman Lord Oakeshott said that those who had lived in
the UK for more than seven years should pay full UK tax.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states