Phillip Hammond’s first Budget contained few surprises and, aside from the NIC increase for the self-employed, not much of real significance in tax terms. We don’t propose to comment further on the planned reforms to non-dom taxation, all of which, importantly, the Budget statement confirmed will take effect from 6 April. Those who are about to become deemed domiciled on 6 April should review their affairs now as a matter of urgency to ensure they are in the best possible position in light of the changes to their tax status.
