Finance Act 2025: non-domiciled individuals, double remittances and 6 April 2025

26 Mar 2025

On 26 March 2025, the Chartered Institute of Taxation (CIOT) set out its concerns regarding potentially unforeseen tax implications for ‘non-doms’ who make remittances on/after 6 April 2025 having made earlier remittances of the same foreign income or gains.