Finance (No.2) Bill 2017 (“The Bill”) has far reaching ramifications for non-UK domiciled individuals (“Non-Doms”) who have been resident in the UK for 15 or more tax years in the last 20.
All UK resident Non-Doms need to understand these changes as they may affect the current planning they have in place and may also affect the future taxation of themselves and their families. With the correct planning however, it may be possible to protect the wealth of Non-Doms and their families.
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