Thousands of Asian HNWIs to be affected by UK tax move

10 July 2015 | 2 minutes read

British chancellor George Osborne pledged this week to close a loophole that would bar wealthy families from living in Britain without paying tax on overseas income. The move could affect some 15,000 individuals, the UK government said. Under the current non-domicile (non-dom) rules, British residents whose homes are deemed to be outside of the country are not required to pay…

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