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The 200-Year Loophole That Shaped UK Tax
For over 200 years, the UK's non-dom regime allowed wealthy residents to avoid tax on their global income — legally. This episode traces the regime's origins in the Napoleonic era, explains the crucial distinction between domicile and residence, and examines how figures like Akshata Murty and Sir Ronald Cohen exposed its political fragility. We explore the psychology of tax avoidance among the ultra-wealthy, the offshore toolkit of trusts and shell companies, and the 2024 reforms that finally abolished the remittance basis. Episode 2680 — myweirdprompts.com/n/2680 (permanent short link…
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