Business Without BS Tax Special: Why HMRC Scrapped Non-Dom Tax Law
EP 374 - This episode is probably not for everybody, in fact it’s probably not for 99.55% of people. But if you are a non-dom, know a non-dom or just want to understand what a non dom actually is then this is the episode for you.
I guess if you’ve ever wondered what happens when a bunch of tax law experts hijack a podcast studio - and one of you might have done - you’ll probably also want to give it a listen.
*For Apple Podcast chapters, access them from the menu in the bottom right corner of your player*
Spotify Video Chapters:
00:00 Tax Without Bullshit - Special Episode
01:22 Meet the Tax Experts
02:53 Understanding Non-Dom Status
04:03 Changes in Tax Rules from April 5th
06:59 Implications for Non-Doms and Foreigners
08:33 New Tax Opportunities and Simplifications
18:54 Temporary Repatriation Facility (TRF)
23:06 Understanding the TRF and Its Implications
24:55 Attracting Foreigners to the UK
27:06 Inheritance Tax: Rules and Strategies
33:20 Excluded Property Trusts: A Deep Dive
37:31 Practical Considerations and Future Planning
43:19 Wrap Up
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