Changes to Res Non-Dom Regime and Further Reform in UK

Discover the intricate changes and implications of the UK's evolving Res Non-Dom tax regime and reforms. This course covers the historical foundations and projected changes by both Conservative and Labour governments, focusing on real-life impact, compliance, and strategic responses.

Key Topics:

• The historical context and remittance basis taxation
• Conservative government’s four-year Foreign Income and Gains (FIG) regime
•  Labour's proposed removal of the 50% concession for foreign income
•  Practical implications for trusts and IHT
• Strategic planning for non-UK trust structures
• Compliance and response plans for RND individuals and trustees

This course is designed for tax professionals, accountants, and legal advisors with a basic understanding of the UK’s taxation system. Minimal prior knowledge of non-dom rules is required.