UK to Tax All Residents on Global Income from April 2025; Ends Special Non-Domicile Rules

​The UK government has announced significant changes to its tax system affecting non-domiciled individuals, set to take effect from April 6, 2025.

The current remittance basis, where non-doms are taxed only on UK income and foreign income brought into the UK, will be replaced by a residence-based system.

Under the new rules, individuals who have been UK tax residents for more than four years will be taxed on their worldwide income and gains, aligning their tax obligations with those of other UK residents.