Huhne describes ‘non-doms’ tax increase as a ‘pin-prick poll tax’ December 7, 2007
Posted by rfenwick in Uncategorized.trackback
From today’s Independent:
A consultation paper issued yesterday said there could be additional taxes on those non-domiciled in Britain for tax purposes. In the pre-Budget report, the Chancellor, Alistair Darling proposed a tax of £30,000 a year on non-doms who had been living in Britain for seven years.
The Liberal Democrat leadership contender Chris Huhne said: “This is a scheme to levy a pin-prick poll tax of £30,000 a year on UK residents who come from overseas to keep their offshore earnings tax-free. The number of non-domiciled UK residents has doubled since Labour took power in 1997, and ministers must not be swayed by the substantial contributions to the Labour Party that many leading members of this community make. It would be much better for HM Revenue and Customs to negotiate individually with non-domiciled residents concerning the amount of tax they believe they should pay, as happens in Switzerland. This would land far greater sums from billionaires than a £30,000 levy.”
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