Long ReadMar 11 2024

How will abolishing the non-dom tax regime work?

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How will abolishing the non-dom tax regime work?
Chancellor Jeremy Hunt announced plans to abolish the non-dom tax regime in his Spring Budget. (FT Fotoware)

The big news from chancellor Jeremy Hunt’s Spring Budget was the abolition of the non-domiciled tax regime and the announcement of a new, modernised ‘tax holiday’ for individuals moving to the UK. 

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