If this is true:
The climbdown means the tax authorities will be restricted to taxing the UK earnings of non-doms and money they bring into the country.
Then we\’re back to where we started, with the addition only of the £30k annual fee.
Why is it though that I don\’t believe this? The CGT changes, for example, contain the abolition of inflation indexation….what is there still lurking in the Non- Dom proposals?