Business News
The percentage of non-domiciled individuals who live in the UK and are registered as non-domiciled for UK tax purposes is tiny compared to the actual position.
A number of non-aggressive planning opportunities exist to reduce income tax, capital gains tax and inheritance tax for individuals who are living in the UK but non-domiciled for UK tax purposes.
It is also important for individuals to ensure that they adhere to
strict rules regarding movements of funds and care needs to be taken
to ensure that correct procedures are in place when investing abroad.
