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Tax treaties to defeat non-dom tax regime?

11th Feb 2008
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Some international tax treaties could prevent the UK from taxing certain types of non-doms unremitted income say accountants Baker Tilly. This raises fresh doubts as to whether the UKs proposals have been properly thought through, said George Bull, its head of tax

The UK's proposals aim to tax non-domiciles on their worldwide income and gains if they have been resident in the UK for more than seven years. UK taxes on overseas income and gains can be limited to amounts brought to the UK, provided the individual in question pays an additional 30,000 each year to HM Revenue and Customs (HMRC).

Bull explains the latest problem for HMRC in making these new proposals work: the UK has a wide range of treaties with other countries which are designed to avoid double taxation and to spell out which co...

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By RG
25th Jun 2013 17:14

is this still relevant?

per above: "UK-resident non-domiciles who continue to own and let a property in their home country will frequently find that this income is not caught by the new UK rules. If that is the only overseas source of income, they may be able to thumb their noses at the new UK rules". Is this really the case?

I have a client who is Italian domiciled, who has just mentioned that her parents have bought a couple of flats (in 2008!) in her name in Italy, and all the rental income stays in Italy. I told her of my belief that  they should be on her UK tax returns and she checked with her Italian account, who said that she didn't need to.

This is her only source of foreign income.

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