Comments on: STEP: getting it all wrong on as 95.5% of non-doms plan to stay in the UK http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/ Richard Murphy on tax and corporate accountability Thu, 04 Dec 2008 00:31:47 +0000 http://wordpress.org/?v=2.6 By: Tax Research UK / Domicile: The Mirror wades in http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/#comment-381292 Tax Research UK / Domicile: The Mirror wades in Thu, 14 Feb 2008 11:16:17 +0000 http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/#comment-381292 [...] unlike so much of the press that has dutifully reproduced the false arguments of STEP and others they get to a point of [...] [...] unlike so much of the press that has dutifully reproduced the false arguments of STEP and others they get to a point of [...]

]]> By: Tax Research UK / Domicile: Pragmatic question 1: Will people go? http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/#comment-380322 Tax Research UK / Domicile: Pragmatic question 1: Will people go? Wed, 13 Feb 2008 15:33:33 +0000 http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/#comment-380322 [...] one. What we need to ask is whether those who are leaving are doing so for this reason, and if just 4.5% of all non doms plan to go soon because of this I’d suggest that given that this is just 1 in [...] [...] one. What we need to ask is whether those who are leaving are doing so for this reason, and if just 4.5% of all non doms plan to go soon because of this I’d suggest that given that this is just 1 in [...]

]]> By: Tax Research UK / Domicile: Time to really tackle the issue http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/#comment-379490 Tax Research UK / Domicile: Time to really tackle the issue Tue, 12 Feb 2008 21:36:51 +0000 http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/#comment-379490 [...] there’s no evidence of increased applicants to English language schools in Switzerland. Even STEP find 95.5% of non doms are [...] [...] there’s no evidence of increased applicants to English language schools in Switzerland. Even STEP find 95.5% of non doms are [...]

]]> By: Tax Research UK / The ethic of enough http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/#comment-377951 Tax Research UK / The ethic of enough Mon, 11 Feb 2008 08:09:02 +0000 http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/#comment-377951 [...] couldn’t help but think that those who are shouting about the domicile rule right now might have a lot to learn from this. Those who use the domicile [...] [...] couldn’t help but think that those who are shouting about the domicile rule right now might have a lot to learn from this. Those who use the domicile [...]

]]> By: Tax Research UK / The truth is finance is moving to London http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/#comment-374472 Tax Research UK / The truth is finance is moving to London Fri, 08 Feb 2008 11:10:08 +0000 http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/#comment-374472 [...] amount of rubbish is being written about people flooding out of the UK because of the domicile rule changes. But as [...] [...] amount of rubbish is being written about people flooding out of the UK because of the domicile rule changes. But as [...]

]]> By: Tax Research LLP http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/#comment-370987 Tax Research LLP Tue, 05 Feb 2008 12:13:27 +0000 http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/#comment-370987 Azra I agree they are thinking of leaving: I don't believe they will. It's rather like me thinking of retiring: sometimes I do, but I know I won't - probably ever. And I wholly agree with you that the current proposal is about the worst possible: I think I have said this on this site. It maximises the chance of any possible damage and delivers few benefits. That is bad law. But, my point in this comment was to show, as usual that STEP's logic is defective. To see my further comments you might lokk at today's Evening Standard Richard Azra

I agree they are thinking of leaving: I don’t believe they will. It’s rather like me thinking of retiring: sometimes I do, but I know I won’t - probably ever.

And I wholly agree with you that the current proposal is about the worst possible: I think I have said this on this site. It maximises the chance of any possible damage and delivers few benefits. That is bad law.

But, my point in this comment was to show, as usual that STEP’s logic is defective.

To see my further comments you might lokk at today’s Evening Standard

Richard

]]> By: Azra http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/#comment-370925 Azra Tue, 05 Feb 2008 10:48:14 +0000 http://www.taxresearch.org.uk/Blog/2008/02/04/step-getting-it-all-wrong-on-as-955-of-non-doms-plan-to-stay-in-the-uk/#comment-370925 Richard I would tend to disagree with you, since I work in the City and many are now thinking of leaving. But only time will tell and I may be wrong, who knows. But I do not think this is where the problem lies. The fact is, this is not a just system: it is a regressive two tier system aimed at keeping the super rich happy and at targeting professionals. I agree the non-dom rules should be scrapped somehow, but this is not the way to do it, and this is certainly not just nor fair. So I am a bit disappointed by your reaction to the new rules. I would have expected more reasonned thoughts on the subject and you have stayed very quiet on the fairness of the rules, which is very unlike you. Richard

I would tend to disagree with you, since I work in the City and many are now thinking of leaving. But only time will tell and I may be wrong, who knows.

But I do not think this is where the problem lies. The fact is, this is not a just system: it is a regressive two tier system aimed at keeping the super rich happy and at targeting professionals. I agree the non-dom rules should be scrapped somehow, but this is not the way to do it, and this is certainly not just nor fair.

So I am a bit disappointed by your reaction to the new rules. I would have expected more reasonned thoughts on the subject and you have stayed very quiet on the fairness of the rules, which is very unlike you.

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