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Digital Subscriptions > Portfolio Adviser > May 2017 > HMRC waters down non-UK domicile tax proposals

HMRC waters down non-UK domicile tax proposals

Changes to the treatment of overseas trusts held by non-UK domiciles have been delayed by the UK government, amid concerns the reforms may force out the wealthiest foreigners living in the UK.

HM Revenue & Customs (HMRC) published a technical briefing, which explained the reason for the decision.

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This month we ask could inflation return to 1970s levels? We also assess the future success of the IA’s new Volatility Manager sector, and find out why everybody is wrong about China.
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