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Gordon Dadds’ Pension and Tax Specialists Comment on the 2015 Budget in HR Director

Roger Harding and Robert Young's comments were published in the HR Director on 9 July 2015

Written by Gordon Dadds
13/07/2015

George Osborne delivered his revised Budget speech. Experts from leading law and professional services firm Gordon Dadds comment as follows:

Roger Harding, Tax Director: “There has been speculation about changes to the non-dom rules but no one could have predicted that the Chancellor would go this far. The move to abolish non-dom status for anyone who has been resident in the UK for more than 15 out of the last 20 years will affect a considerable number of people. It will be interesting to see how many choose to leave as a result: presumably the Chancellor is banking on the fact that anyone with 15 years plus in the UK has too many ties to leave. However, many non-doms with less than 15 years may also look to move, rather than watch the clock…

Read the full article here.

 

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Gordon Dadds

Gordon Dadds