Abolition of the remittance basis tax regime from April 2025 for non-doms – are you ready?
February 16, 2025
Prior to April 2025, an individual resident in the UK but not UK domiciled, had the option to be taxed on foreign income and gains to the extent they were ‘remitted’ (brought) to the UK. In contrast, a UK resident and UK domiciled individual, did not have this option and