Pre-Budget Report 2008 - Non doms update

Posted on November 24, 2008 by Lisa Spearman

Not all Bad News:

Interestingly, the withdrawal of personal allowances for those with income over £140,000 means that non domiciliaries claiming the remittance basis now have a bit less to lose – they will be in the same position as a high income UK domiciliary and with careful management, the impact of the withdrawal of the annual exempt amount can be kept to a minimum.

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