UK to make key change to non-dom tax regime related to overseas money
The decision is part of the government's push to ease regulation and encourage foreign investment.
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UK ministers are expected to drop a provision in last year’s Finance Bill which would have required non-domiciled UK residents to pay taxes on money they held in non-UK bank accounts.
The measure was part of the UK’s new non-dom tax regime introduced last October, and was meant to “replace