Non-domicile status

NON-DOMICILE STATUS Dates back to the 18th century and was designed to persuade British colonists to settle in far-flung corners of the Empire. Now it is exploited by foreign billionaires who can legally base themselves in Britain but pay no tax on their overseas earnings. In the 2004/05 tax year, 112,000 individuals claimed non-domicile status. Chelsea's Russian owner Roman Abramovich 

has almost certainly taken advantage of the loophole.

Не мог тут жизнью насладиться
Работа много, два жена…
Но в Лондон на железной птице

Лечу смотреть чужой страна.

Иду-бегу по Пикадилли,
Налево Сохо, ей-же-ей…
А вы на лыжах не блудили
В квартале красных фонарей?

Моя, представьте, заблудился,
Но всюду привечаем был.
И смысл, однако, появился,
А вот какой – моя забыл.

Но наши – на порядок лучше!
К тому же – меньше говорят…
И мой великий и могучий
Вернулся в целости назад.

Someone with non-domiciled status, sometimes called a 'non-dom', is a person living in the United Kingdom who has either acquired a foreign domicile from their father, which is known as a 'domicile of origin', or who has abandoned their domicile of origin and can demonstrate the intention to reside outside of the UK indefinitely and actually enacts the intention.

UK resident non-doms pay UK income tax and capital gains tax on UK sources of income and gains and on foreign income or gains, but only to the extent that they are remitted to the UK. This is known as the remittance basis. After the non-dom has been resident in the UK in seven out of the last nine tax years, there is a requirement to pay the remittance basis charge each year the remittance basis is claimed, unless the unremitted foreign income and gains is less than £2,000 per annum.

In the 2012/13 tax year (the latest for which figures are available), more than 113,000 people in the UK claimed non-dom status.^[1] 

Notable "non-doms":

• Roman Abramovich^[2][3]
• ...
• Stuart Gulliver, CEO of HSBC^[2][7]

Ir Guliveris:)

NON-DOMICILE STATUS Dates back to the 18th century and was designed to persuade British colonists to settle in far-flung corners of the Empire...

Tai kvailiai:)