- Paying £30,000 remittance basis charge
- Paying £50,000 remittance basis charge
| No . of years in the UK | Remittance basis charge (£) |
|---|---|
| 7 out of last 9 years | 30,000 |
| 12 out of last 14 years | 60,000 |
| 17 out of last 20 years | 90,000 |
Non- Domiciled Individuals - Changes
Friday 5 December 2014
Currently if you are non-domiciled in the UK and making a claim to pay tax on the remittance basis you will either be claiming:
In addition to the above the government is consulting on making the election apply for a minimum of three years. The government have not drafted legislation to the above changes and we do not believe that this will be coming into effect in 2014/15.
JOIN THE RAFFINGERS TRIBE
Tired of searching endlessly for blogs, books and emails that you hope will help you solve your business problems? Don’t worry, we’ve got your entire business journey covered. From how to secure funding and manage cashflow, right through to succession planning and everything in between. Sound good? Join the Raffingers Tribe to gain access to an ever-growing library including:
- Exclusive tribe events
- Live webinars with incredible guest speakers
- Free downloads, workbooks and cheat-sheets
- A variety of articles covering all things business
Already registered? Click here to log in
Thank you, you have been registered.