Tax case puts nail in the coffin for non-dom entrepreneurs

Wealthy British business tax exiles face a crackdown on how much they contribute to government coffers after HMRC secured a landmark victory at the Court of Appeal.

In a case which has rumbled on since the 1970s, judges ruled that HM Revenue and Customs (HMRC) had correctly interpreted IR20, the UK’s non-resident (also known as non-domicile) policy, which means British-born entrepreneur Robert Gaines-Cooper is liable to pay UK tax, despite spending less than 91 days a year in the country. He faces a bill of around £30m which represents taxes dating back to 1993.