Published On: October 16, 2024|5.4 min read|Advantages of Offshore Bonds for Non-Doms living in the UK
One of the major announcements in this year’s Spring Budget was news that the current tax regime for ‘non-domiciled’ UK residents is changing. For ‘non-doms’ out there, it’s worth understanding what changes are being introduced – and when – and the implications from a tax perspective.
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Published On: October 16, 2024|4.4 min read|How Offshore Bonds Can Help Non-Doms Navigate the New FIG Regime
In recent years, changes in tax regulations have significantly impacted individuals who are classified as non-domiciled residents (“non-doms”) in the UK. The introduction of the new Foreign Investment Gains (FIG) regime is one such development that has created a new set of challenges—and opportunities.
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