In July 2017, the Government confirmed that the new Finance Bill will include all of the provisions for the taxation of non-domiciled individuals which were dropped at short notice earlier this year, and that these changes will be introduced with effect from 6 April 2017.
It is our thought that non-UK trust structures will remain an attractive option for non-doms, although these will need to be established prior to the individual becoming ‘deemed-domiciled’ (deemed-dom) in the UK.
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