Let's Talk Tax - November 2013 - Significant tax savings for UK resident Non Domiciled Individual

New Government legislation, Business Investment Relief (BIR) means that UK resident non domiciled individuals (non-doms) can in certain circumstances, remit foreign income and capital gains to the UK, tax free.

This has created an exciting tax planning opportunity for non-doms. The majority of companies that are eligible trading companies for the purposes of BIR should also meet the qualifying conditions for Enterprise Investment Schemes (EIS). When used in conjunction, tax benefits for non-doms are effectively supercharged.

Download this flyer to find out how to maximise your tax reliefs.