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Legal community slams Budget's non-doms policy

Some of Us Receive Fairer Treatment Than Others? Alistair Darling's final pronouncement on a 'foreigner levy' - [a tax on on those who chose to retain a domicile outside of the UK, despite being resident in the UK) was disappointing, muddled and stuck two fingers up in the air at his promise of injecting fairness into the tax regime. I, as a South African domicile holder, will pay a levy of £30,000 and lose my capital allowances. My American neighbours will pay a £30,000 tax which will be deductible against US income tax. How is it fair or just that i should pay a "levy" and another 'non-dom' should pay a tax? Meanwhile the Super-Rich - those whom the Labour alligned Unions see as being the enemy of the socialist state - have won almost all the concessions they asked for. I have always believed that the Labour government resembled a snobby, social climber, desperate to clamber aboard the floating gin palaces of the poshocracy. The brouhaha about non-doms and the unbelievably cringing climb-down proves my point. But what are Labour going to do when the Unions realise that property in Eaton Square is still beyond their pay packet and the likes of Sir Philip Green and Laksmi Mittal are continuing to swan around in Gulfstream Jets and Bentleys without paying a 'fairer share' of UK tax? If I were dear Alistair and Gordon, I'd start looking for new jobs!

13-Mar-2008

8:18 pm