Personal tax services

Non-domicile

In recent years, there has been a significant increase in HMRC enquiries into domicile status, as the government attempts to increase tax revenue and close any remaining loopholes.

If you live abroad for a certain number of days per year, you may have been granted Non-Dom status, or non-domicile, and therefore be exempt from paying UK tax on your foreign income. Or, if you are a UK resident non-dom, you may choose to pay tax on all overseas income and gains, and pay an annual fee between £30,000 and £90,000, depending on the length of time you have been resident in the UK.

Non-dom and IHT

Your domicile status has a significant impact on inheritance tax, and whether you will be expected to pay IHT on your entire estate or merely any UK properties you may own. Long-term residents are deemed UK-domicile for inheritance tax purposes if you have been resident in the UK for 15 out of the past 20 years.

Non-dom and CGT

Domicile also applies to income tax and capital gains tax on a UK resident non-dom’s overseas income and gains. If you have been a UK resident for 15 out of the last 20 years, or were born in the UK with a UK domicile of origin and are resident in the UK in any tax year, you will be deemed UK-domiciled.

If you have received correspondence from HMRC regarding an enquiry into your non-dom status, don’t hesitate to speak to a professional advisor. At Tax Champion, our knowledgeable advisors will help you to determine your correct domicile, and be by your side throughout the enquiry process, ensuring that you reach a mutually satisfactory conclusion with HMRC.

Next steps

Get in touch to discuss your individual circumstances and see if we could help you with your non-domicile tax enquiry, email champion@taxchampion.co.uk or call 0800 195 8048.

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Interested in
finding out more?

We’re looking forward to helping you
achieve your financial goals.

Interested in
finding out more?

We’re looking forward to helping you achieve your financial goals.