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Renewed attacks on non-dom reform

29 February 2008
Categories: News , Residence & domicile
CIOT and CBI call for 12-month deferral

The CIOT and CBI have both launched new attacks on planned reforms to residence and domicile legislation.

As the 2008 Budget approaches the CIOT has again voiced its call for a deferral to the implementation of the new laws.

The institute has claimed the proposed changes go against every taxpayer's 'right to expect the law to be clear and certain'. 

The CIOT said it 'believes the Government has a golden opportunity to introduce a comprehensive statutory residence test based on objective criteria such as day-counting. 

'This would afford much needed certainty in what is currently a very grey area.'

The organisation advocated a one-year delay in implementing the proposed legislation affecting foreign domiciliaries.

CIOT president Rob Ellerby added: 'The current proposals… are causing much confusion both for those who are affected and for those who are providing advice to such people. 

'Because people affected by the proposed legislation are faced with...

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