This video was really useful. Thank you. So non-domed residents of UK are starting to get taxed on year 6? What if you move and come back for example after 2 years?
There will be transitional rules for those already here and then for newcomers the new rules will apply… have a look on hmrc website for more information
This is a very useful breakdown because it provides some history and breaks down some of periodic costs of being a don dom. Thank you.
You’re very welcome, glad you found the video useful
Very well explained.
This video was really useful. Thank you. So non-domed residents of UK are starting to get taxed on year 6? What if you move and come back for example after 2 years?
I assume Ireland is the same, minus the levy.
How does the non dom status abolition affect those who are already here and people who are yet to come?
There will be transitional rules for those already here and then for newcomers the new rules will apply… have a look on hmrc website for more information