Autumn Statement 2013: Dual contracts

Dual contracts have been used in the past by ‘non-doms’ to avoid UK income tax on overseas salary payments.

To counter the artificial allocation of duties of one employment between the UK and overseas, the government will introduce rules from April 2014 which could result in a UK tax charge on the entire contract. Further details are expected in the draft 2014 Finance Bill which will be published on 10 December.

For more information or to discuss the changes contact the TaxDesk on 0845 4900 509 and ask for Paul Bramall.