Gordon Brown is likely to use this weeks pre-budget report (PBR) to remove the favourable tax treatment for UK non-domiciliaries, experts have predicted.
Tax advisers Chiltern made the claim among its predictions ahead of Wednesdays speech, which will probably be Browns last as chancellor.
The firm said a review of the domicile rules are probable.
Currently a UK resident who is not UK domiciled only pays income tax on money brought into or spent in the UK. The non-domiciled UK resident can claim on the remittance basis for most types of foreign income and not pay UK income and capital gains tax and there is now also an option not to claim the remittance basis so that foreign income that arose prior to the tax year in question can be remitted tax-free.
A change in these rules could have a detri...