Tax and Domicile

This week, HMRC have published more guidance, in ‘answers to questions’ form on its website relating to issues arising out of the changes of income tax law relating to domicile which came into effect on 8 April 2008.

The issues covered include some common scenarios, such as the taxation of foreign pension income and the correct rate of exchange to use in the calculation of the de-minimus limit.
The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.