
On 5 April, the rules applying to non-UK domiciled individuals will end. The authors set out and analyse the impact of the rules that will replace these, including as regards inheritance tax. They cast a critical eye on immigration, noting that ‘apart from the spouse or dependant routes, there are currently very few immigration routes available to wealthy individuals who wish to come to the UK but do not wish to work here’.
The authors draw comparisons between the UK and other countries, and offer some suggestions for improvement. They write: ‘It seems strange that, at a time when the UK is dismantling its non-dom regime, other countries are trying hard to “woo” internationally mobile individuals with some generous tax breaks.’