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UK Non-Dom Changes: Are You Impacted?
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UK Non-Dom Changes: Are You Impacted?
Download our guide to explore the full implications and what you can do to prepare.
From 6 April 2025, the UK will replace the long-standing Non-Domiciled (Non-Dom) regime with a new residency-based tax system.
For thousands of internationally mobile individuals, this marks the most significant reform to the UK’s personal tax landscape in decades.
Our UK Non-Dom Changes Guide (2025 Edition) explains the key reforms, how they affect income, gains, and inheritance tax, and what practical steps to take before the transition date.
What You’ll Learn
- End of the remittance basis
The existing remittance basis will be abolished. Eligible individuals will enjoy exemption on foreign income and gains for their first four tax years of UK residence - provided they’ve been non-resident for at least ten years prior. - Loss of personal allowances
Those opting into the new regime will lose access to the personal allowance and capital-gains-tax exemption during the qualifying period. - Overseas Workday Relief
A new relief for individuals working overseas while employed in the UK, offering income-tax relief for the first three tax years of UK residence. - Transitional and temporary measures
Transitional rules for 2025-26 include a one-year reduction in taxable foreign income and a 12% repatriation facility on foreign income and gains brought to the UK in the first two years. - Changes to inheritance tax (IHT)
IHT will move from a domicile-based to a residency-based system. Worldwide assets may become taxable after ten years of UK residence. - Trusts and protections
Many trust protections will fall away. Trust income and gains linked to settlor-interested structures may now be subject to UK tax once residency criteria are met. - Capital-gains rebasing
Individuals not eligible for the new regime will face standard CGT rates, though transitional rebasing rules will apply for some. - Claiming and compliance
Annual claims will be required to benefit from the new regime, and the Statutory Residence Test will remain the benchmark for determining UK residence.
What You Need to Do
- Determine your UK residency status from April 2025.
- Review your trust structures, foreign income, and repatriation plans.
- Consider whether transitional reliefs or repatriation opportunities are worth using.
- Seek tailored advice to understand the financial and tax implications for your specific situation.
Why This Matters
For many international investors, expatriates, and global families, the UK has long been attractive due to its Non-Dom regime. With these sweeping changes, the landscape is shifting dramatically - making proactive planning more important than ever.
Let Our Experts Help You Navigate the Changes
Hoxton Wealth specialises in cross-border financial planning for globally mobile individuals. Our team can help you:
- Assess your exposure to UK tax under the new regime
- Identify and optimise available reliefs
- Reconfigure your asset ownership and succession plans
Download the guide now to stay ahead of the curve.
For a complimentary consultation, contact enquiries@hoxtonwealth.com
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