UK Non-Dom Regime: Reform, Replace Or Abolish?

This is last in our series of articles on the UK's non-dom regime. Over the past few weeks, we have explored what the non-dom regime is, how it compares with regimes in other jurisdictions and what the major political parties are saying about it. In this article, we take a step back and consider, in the current economic and political climate and with an election on the horizon, what the future may have in store for the non-dom regime.

Let's consider three potential scenarios: outright abolishment of the regime; replacement with a new system, and reform.

Abolish

Without doubt, the most radical option for the next government would be to abolish the non-dom regime altogether without adopting any alternative system.