HRMC released a consultation paper on the proposed changes to the non-dom tax regime, announced in September 2015. Under the regime, individuals who are resident in the UK but not domiciled therein are subject to income tax under standard rules, but are not taxable on foreign-source income and chargeable gains that are not brought into the UK (remittance basis of taxation). The regime was previously amended so that the tax advantage is accessible only if the non-dom pays an extra charge (Remittance Based Charge (RBC)), set at £30,000, £60,000 or £90,000 depending on the length of residence. The proposed amendment,...