London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Shadow Chancellor proposes a flat �25,000 tax for non domiciled residents

It has been reported by Bloomberg that Shadow Chancellor of The Exchequer, George Osborne is proposing a flat £25,000 levy on UK Residents who are not domiciled in the UK. He is quoted as saying that

You can either register for this levy, or you can take your tax affairs elsewhere

As Richard Murphy says in his blog this sounds like an own goal as, according to Treasury figures, the average amount of tax currently paid by non-domiciled residents is £26,800



Date: 1st October, 2007
Author: Liz Cuthbertson


Articles from this Author

Contact a Private Client Partner


#Farming trading as a #partnership potential #tax pitfalls and tips @mercerhole Phil Fenn insight @accountancylive

The Repeal Bill—how great is it for R&I professionals? Thoughts from @ChrisLaughton01 @mercerhole:



For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn