21-09-2019 16:36 via uk.news.yahoo.com

Labour government would abolish 'non-domiciled' status in first budget

A Labour government would abolish 'non domiciled' status in its first budget, Britain's main opposition party said on Saturday, as part of "a comprehensive plan to increase tax transparency and clamp down on tax avoidance and evasion".Non-domiciled tax status, which is governed by a complex set of rules dating back more than a century, allows some residents who register their permanent home as outside Britain to limit the tax paid on earnings abroad.In an interview with the Times newspaper on Fr
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