Journey’s End for the Autumn Statement. The Odyssey Continues for UK Taxation of Non-Domiciliaries (with a Goddess, a Monster and a Paradise Island)
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Key takeaways
- The 2016 UK Autumn Statement will be the last. Following the Spring Budget in 2017, we will move to having an Autumn Budget followed by a Spring Statement. The Spring Statement will launch consultations rather than making substantive tax changes.
- The government has today confirmed its plans to change the taxation of UK-resident, non-UK-resident domiciled individuals. This update details what we know so far about these proposals.