The End of Non-Dom Tax Status: What It Means for UK Investors & Expats 🇬🇧 with Matt Bird
Автор: London Property - Unlock Property Wealth
Загружено: 2025-03-19
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📢 The End of Non-Dom Tax Status: What It Means for UK Investors & Expats 🇬🇧💰
🔴 Major Tax Changes for Non-Doms – Are You Prepared?
The UK’s Non-Domiciled (Non-Dom) tax status is officially over, bringing huge financial implications for global investors, high-net-worth individuals, and expats. Matt Bird, tax partner at Sayers Butterworth, joined the London Property Podcast to explain how this impacts wealth, property, and tax planning.
🔹 Worldwide Taxation– UK residents now taxed on all global income & capital gains.
🔹 Remittance Basis Charge Scrapped – Previously £30,000 - £90,000, now gone.
🔹 Offshore Trusts No Longer Protected – Exposing assets to UK tax.
🔹 New Flat 12% Tax Rate – On previously untaxed remitted income.
🔹 40% Inheritance Tax (IHT) Applies After 10 Years – Driving many Non-Doms to relocate.
💡 What’s Next?
🚀 Mass Exits– Many Non-Doms are leaving the UK for Dubai, Italy & Singapore.
📉 Tax Planning is Now Essential– Old strategies no longer work.
💼 Impact on UK Real Estate – Will London remain attractive for global investors?
🔎 Watch Now & Stay Ahead of These Critical Changes!
📢 Subscribe for More Expert Insights on UK Tax & Real Estate!
#UKTax #NonDom #WealthManagement #LondonProperty #TaxPlanning #LuxuryInvestment #Expats #RealEstateInvestment
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