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1st Copy for the Hellenic Tax Authority Form United Kingdom

1st Copy for the Hellenic Tax Authority Form United Kingdom

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[Music] the conservatives and labor would both scrap the non-dom tax rules what does this mean and what are non-doms anyway well the debate around non-dom taxation relates to whether people who live in the UK for a period of time but do not see it as their permanent home should have favorable treatment for UK tax purposes what does domicile make to your UK tax liability as things stand people who are both UK resident and UK domiciled are taxed in the UK on all their worldwide income and capital gains if someone is UK resident but not UK do domiciled they are a non-dom and they can choose to be taxed on what is called the remittance basis meaning they're only taxed on foreign income and gains in so far as they are brought into the UK there'll still be taxed here on any UK income and gains though how many non-doms are there nearly 69,000 on the latest figures what are the conservatives proposing they want to abolish the remittance basis of Taxation for non-doms and replac

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