On 6 April 2025, the longstanding rules for UK-resident, non-UK domiciled individuals – non-doms – were abolished and replaced with a new regime for foreign income and gains (FIG) that is based on residence. 

The abolition of domicile as a concept is one of the biggest changes in taxation for many years. In this episode of The Tax Track, we’ll get behind the headlines and consider the pros and cons of the new rules.

Links

• Economy explainers: what is the non-dom regime? (valid up to 5/4/25) https://www.icaew.com/insights/tax-news/2024/sep-2024/non-dom-regime-explained
• Residence and FIG Regime Manual https://www.gov.uk/hmrc-internal-manuals/residence-and-fig-regime-manual 

Panellists

• Stephen Relf, Technical Manager, Tax, ICAEW
• Katherine Ford, Technical Manager, Tax, ICAEW
• Adelle Greenwood, Technical Manager, Tax, ICAEW

Producer 

Ed Adams

Episode first published: 30 May 2025

Podcast recorded: 19 May 2025