The UK government is planning to change the way it taxes foreign individuals who are residing in the country. A government policy paper from last August says it is “committed to addressing unfairness in the tax system, so that everyone who is long-term resident in the UK pays their taxes
Non-dom tax regime a key challenge for UK government
A new tax regime for wealthy foreigners residing in the UK will come into effect next year. But what will it mean for the UK’s ability to attract the mega-rich ?