Tuesday, 29 January 2008

Is it goodbye to the Non-Doms?

There was an interesting article in last Saturday's Daily Telegraph with the
title "UK TAKES A GAMBLE AS TAX CHANGES LOOK SET TO DRIVE NON-DOMICILES AWAY".
The article considers that the proposed legislation could have a serious impact
on London as a financial centre (more than Red Ken's drinking?).

I still wish I was a Non-Dom and fly away to Geneva or Monte Carlo despite
their lack of Premier League entertainment. Apparently, there could be a fall
in prices of premium properties in the United Kingdom's capital.

Anything involving HM Revenue and Customs
is going to be overly-complicated and the Telegraph comes up with a couple of examples.

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