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Our highly experienced team of lawyers, tax advisers and international tax experts advise our clients in corporate and private tax planning, offering a full service including the filing of tax returns in various jurisdictions.
FAQ - Frequently Asked Questions
The UK changes its Rules for UK Non-Domes from April 6, 2025. What does it mean?
From April 6, 2025, the non-domicile regime for UK resident individuals has been abolished and replaced by a new regime that includes transitional provisions. The non-dom regime had been a distinctive characteristic of the UK tax system for decades, enabling (HNW-, UNW-) individuals whose place of domicile was outside the UK to make an annual claim to be taxed on the remittance basis. The remittance basis of taxation provided that persons would be taxed on their UK-source income and gains, but only on their non-UK-source income and gains to the extent they were actually remitted. The status could last up to 15 years before they are deemed domiciled. The new regime means that the last UK tax year in which a taxpayer can claim the remittance basis of taxation is 2024/2025.
What changes for UK Non-Domes from April 6, 2025?
Under the new tax regime, individuals who move to the UK for the first time after April 6, 2025, will have only a 4-year transitional period during which they are not subject to UK tax on foreign income and gains (FIG) arising on or after that date, even if the income is remitted to the UK. After these four years, they will then be fully taxable on their worldwide income and gains in the usual way. Each tax year, a taxpayer must claim that the FIG regime applies.
Do I have Alternatives?
There are multiple options available. We strongly recommend consulting us to discuss your options and avoid hasty decisions. In either case, taxpayers can claim a four-year transitional period—enough time to think about clever alternatives.
