Big tax worry for NRIs in the UK! New proposed tax regime may make United Kingdom less attractive to migrate

The UK government plans to introduce a new tax regime in April 2025 affecting NRIs and recent migrants. This change will end the tax exemption for non-doms, imposing taxes on worldwide income after four years of residency. Tax experts are advising on financial planning strategies amidst concerns over UK's tax appeal.

Big tax worry for NRIs in the UK! New proposed tax regime may make United Kingdom less attractive to migrate

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The UK government plans to introduce a new tax regime in April 2025 affecting NRIs and recent migrants. This change will end the tax exemption for non-doms, imposing taxes on worldwide income after four years of residency. Tax experts are advising on financial planning strategies amidst concerns over UK's tax appeal.