-
Apr 08, 2025
-
UK introduces new tax rules forcing non-domiciled individuals to pay tax on foreign income
The UK has implemented new taxation rules impacting individuals and employees who currently hold non-domicile status. Before 6 April 2025, UK residents who had their permanent home (domicile) outside the UK did not have to pay UK tax on foreign income.
From 6 April 2025, the rules for the taxation of non-UK domiciled individuals has ended. The concept of domicile as a relevant connecting factor in the UK tax system has replaced the remittance basis of taxation with a new tax regime based on ‘residence’ from 6 April 2025.
Previously, UK resident non-domiciles who haven’t become deemed-domiciled could choose to be taxed on the remittance basis.
|