Article summary
HMRC has formed a time-limited joint subgroup comprising members of its Wealthy External Forum and Capital Taxes Liaison Group focusing on changes to the taxation of non-UK domiciled individuals. The subgroup, aims to facilitate collaboration between HMRC and representative bodies to support the development of guidance and tools following the Autumn Budget 2024 announcements. The group will meet approximately every four weeks to discuss implementation strategies, provide feedback on draft guidance, and enhance working relationships between HMRC, customers, and their representatives. Minutes of the meeting held on 18 November 2024 have been published.
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