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Non doms charge goes ahead

Created:
12 March 2008
Written by:
Rosie Carr

Mr Darling announced some changes to his proposals to levy a £30,000 annual charge from April on non-domiciled workers in the UK with overseas income of at least £2,000.

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Income and capital gains in offshore trusts will now only be taxed when they are remitted to the UK, and the £30,000 charge should, he claimed, be creditable against foreign tax, although this is still not absolutely certain. The day counting rules have been changed so that days of departure from the UK will not be counted as a day resident here.


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