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21 June 2007 / Peter Vaines
Issue: 7278 / Categories: Features , Tax
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Taxing Matters

DOMICILE MATTERS >>
THE MEANING OF A QUALIFIED CORPORATE BOND >>
MITIGATED PENALTIES >>

DOMICILE RULINGS

Many people will be aware of the difficulties which have arisen in obtaining a domicile ruling from HM Revenue & Customs (HMRC). If an individual wants to know where he is domiciled, he has to seek professional advice because HMRC will not engage in correspondence on the matter.

Not that it gave formal rulings anyway—but obtaining its view was pretty valuable. HMRC takes the—not altogether unreasonable—view that it will only consider the matter if there is a tax liability dependent upon it. For a UK resident, this is not a problem; if he has foreign income he can explain on his tax return that this income is not taxable because it has not been remitted and he can tick the relevant boxes claiming to be domiciled abroad.

However, there are many people who are not UK resident and do not submit tax returns but who are still concerned about their domicile because that is what determines their liability to

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MOVERS & SHAKERS

DAC Beachcroft—Clare Dewar

DAC Beachcroft—Clare Dewar

DAC Beachcroft strengthens Scottish real estate capabilitywith partner appointment

Womble Bond Dickinson—Brendan Ryan

Womble Bond Dickinson—Brendan Ryan

Womble Bond Dickinson appoints Brendan Ryan as partner in Public Law Projects team

Parklane Plowden Chambers—five appointments

Parklane Plowden Chambers—five appointments

Parklane Plowden Chambers welcomes five new barristers

NEWS
A time-restricted bank tax, a ‘roadmap to fiscal devolution’, extension to parental leave, entrepreneur’s relief and a giveaway on energy bills for households are the headlines in Chancellor of the Exchequer John Healey’s 2026 Autumn Budget
A Court of Appeal judge has lamented the ‘very concerning’ state of the law on employee inventor compensation after a chemist’s case took five-and-a-half years to reach court, eventually being listed for a 37-day trial next year
The Law Society has emphasised that responsibility remains human, in a practice note on artificial intelligence (AI)
Respect orders, which enable police, councils, housing associations, transport networks and other authorities to take enforcement action against anti-social behaviour, have come into force across England and Wales
The Land Registry has launched two consultations aimed at making its information more publicly accessible, ‘Restructuring HM Land Registry fees’, and ‘Future of access to HM Land Registry information’
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