Uncertainties over non-domiciled reform start date in light of UK snap election
Financial experts in the UK have been left confused and cautious by the government's decision to suddenly withdraw its highly controversial debated non-domiciled taxation reforms in the UK, from the second proposed Finance Bill in 2017 in light of the upcoming snap general election due to take place on June 8th in the UK. Though the clauses within the bill will probably be reintroduced in a new bill after the election, it is unclear whether the date of commencement will still be the end of 6th April this year, or whether it will be postponed for a year, throwing non-domiciled estate planning and land law into chaos.
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