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  • CIOT welcomes Budget changes to non-resident rules

    The Chartered Institute of Taxation (CIOT) welcomes the Budget changes to the taxation of non-residents and foreign domiciliaries. These include changes to the day-counting rules, the general rebasing election for offshore trusts, the fact that the £30k will be creditable for US citizens, and the more sensible proposals on what constitutes a remittance. more...