Personal tax

Controversial tax rules could be set for reform, subject to political change.

How tax rules apply if you’re domiciled outside of the UK.

17,000 savers reclaim £46m in overtax on pension withdrawals.

78,300 individuals claim non-domiciled status.

37,000 people paid tax at 45% in 2018/19.

Final period exemption for private residence relief will reduce to nine months.

Lenders’ trade body says Government should halt further measures.

Recommends reducing seven-year period to five years.

Tapered allowance applies to individuals earning over £150,000.

Almost £623 billion was collected last year.