With the end of the non-domiciled regime confirmed for April 6, 2025, individuals impacted by these changes have four months to prepare. Here are essential planning points to consider before the new rules come into force.
The Chancellor has confirmed a sweeping change for non-domiciled UK residents (non-doms) set to take effect on April 6, 2025. The current remittance basis of taxation will be replaced with a new four-year Foreign Income and Gains (FIG) regime—a shift likely to impact thousands of individuals planning to move to in the UK.
