Non-doms face HMRC crackdown after High Court ruling
- A new ‘crackdown’ on wealthy tax exiles could be on the cards after a landmark victory for HMRC at the Court of Appeal over its interpretation of residency laws.
A crackdown on wealthy tax exiles could be on the cards after a landmark victory for HMRC at the Court of Appeal over its interpretation of residency laws.
The court decided that HMRC had used the correct interpretation of the UK’s non-resident policy, IR20, meaning that British-born entrepreneur Robert Gaines-Cooper is liable to pay UK tax, despite spending less than 91 days a year in the country. He may now have to pay taxes dating back to 1993, the total of which is estimated at some £30 million.
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