Taxation

The UK’s changes to the tax rules for non-doms

On 19 August 2016 the Government published more details about the proposed new rules which fundamentally change the way in which UK resident non-UK domiciled individuals (non-doms) will in future be taxed in the UK. All non-doms could be impacted by these latest Government announcements.
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Brexit: Is Switzerland an attractive alternative for resident non-doms?

Prior to the referendum, questions asking how Brexit might affect the freedom of travel and other aspects of daily life were in the spotlight. As the implications of the UK’s vote are being felt across Europe and beyond, our focus shifts beyond issues of travel towards what Brexit means for resident non-doms and their existing or future Swiss connections.
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Significant changes in UK taxation

While the UK used to offer its resident but non-domiciled persons (UK res-non-doms) taxation on the income and capital gains remitted to UK for an unlimited time, this regime is going through changes over the next 12 months - in particular, for long-term residents and UK individ-uals born in the UK.
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The lump-sum taxation remains – although, in a different form

On 30 November 2014, Swiss voters decided to keep the tax regime of expenditure-based taxation. This means that the taxation based on cost of living remains intact for persons with residence in Switzerland and also for those who plan to relocate to Switzerland in the future.
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