If you want to know why the domicile rule survives despite the very obvious abuses it permits note this in an email I have just received:
It survives because the tax profession and banks make money from it.
And they are the people who are too close to writing too much tax law.
And so this abuse of most people in the UK goes on.
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Michael Meacher MP just published a blogpost on that issue.
http://www.michaelmeacher.info/weblog/2015/02/8196/
One rule for the rich springs to ming
This is one of the few issues that I agree with you about. Non doms status is something which shouldn’t be allowed.
If I own a UK company as a UK citizen I pay more tax than a non dom who is a UK resident owning a UK company. That’s not fair to anyone and I suppose does stifle growth in the UK.
Its not a level playing field. Which affects everyone in the UK.
I know someone who uses the domicile rule and then complains that there is no NHS dentist in his (high value housing market) area when he is back residing in the UK!!
I mean, you couldn’t make that up could you? But it’s true. It comes across that these people just can’t put two and two together.
I believe the domicile rule should be shredded once and for all. It works against public services like the NHS for a start.
@Mark Just come off the streets today – campaigning to stop NHS privatisation (38 Degrees). We must rebadge the NHS to the PEOPLES HEALTH SERVICE; the people I met today almost bit my hand off to sign up against creeping privatisation and under funding.
Good work
Good name – if a bit Blairish
PS video did not work for me
I didn’t get out to help today ( I do follow 38 degrees)Tony so well done. I now read that the motorways may well be privatised-I will admit it was a a post from the Morning Star.
“I know someone who uses the domicile rule and then complains that there is no NHS dentist in his (high value housing market) area when he is back residing in the UK!!”
If he is a non-dom able to afford to live in a high value housing market then I sincerely doubts he uses an NHS dentist! Even people on relatively modest incomes have used private dentists for years.
But most people do not realise that
I’m afraid what I have told you is the truth.
And the private dentist charges in his area are just incredible to behold!!
However, another part of the story is that this person is asset rich but cash poor – as many over-leveraged households in the UK are. He will be cash poor until he sells his ridiculously over-priced house and moves abroad.
I still find it incredible that an individual can be domiciled in a country they have never even set foot in. This sort of concept belongs in a law student’s textbook or blackboard and not as a basis of UK taxation.
Agreed
Lyn Homer refused to tell MP’s on the Treasury Select Committee this week how many are claiming non-domicile in the UK. Apparently confidentiality is more important than the blatant and wide scale abuse of our tax system.
I agree. It has to go and the sooner the better.