HM Treasury

Consultations & legislation

Reform of the taxation of non-domiciled individuals

Issued:  17 June 2011

Open date:  17 June 2011

Close date:  09 September 2011

Background

This consultation sought views on the detailed policy design of a package of reforms announced at Budget 2011. These reforms included:

  • increasing the existing £30,000 annual charge to £50,000 for non-domiciles who claim the beneficial tax regime (“remittance basis”)  in a tax year and who have been UK resident for 12 or more of the 14 years prior to the year of claim;
  • enabling non-domiciles to remit overseas income and capital gains tax-free to the UK for the purpose of commercial investment in businesses; and
  • making technical simplifications to some aspects of the current remittance basis rules to remove undue administrative burdens.

Consultation documents

Responses were invited from individuals, advisors, businesses and representative bodies who are affected by, or have an interest in, the rules on non-domicile taxation. The Government received more than 80 responses from a mix of individuals and organisations.
The Government also held meetings with representatives from a range of external organisations

Consultation responses

Responses were invited from individuals, advisors, businesses and representative bodies who are affected by, or have an interest in, the rules on non-domicile taxation. The Government received more than 80 responses from a mix of individuals and organisations.   The Government also held meetings with representatives from a range of external organisations.   A summary of the responses to this consultation appears in the Government’s latest document issued 6 December 2011.

Legislation

Draft legislation setting out the reforms to be implemented in April 2012 is published as part of Finance Bill 2012.

The consultation document is available in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website.

For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.

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