i get where you're coming from. the trouble is that it's a very slippery slope to have one rule for the rich and another for everyone else. from what i've read, removing it would make a very minimal amount for the economy - just a few hundred million - as some would move away. however there would be a level playing field for everyone. also i'm not talking about genuine non-doms that are just based here for a couple of years, i'm talking abolut people that are permanently based here and just use this rule to dodge paying tax.

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Make no mistake the majority of people on non dom are here because of the tax situation. You remove it and 90% are gone. You may say GREAT leave the UK we want a level playing field and they can leave if they aren't going to pay tax. But those same people are buying million pound homes, spending big dollars in restaurants and stores. Remove them from the economy and watch the unemployment rate sore and the establishments throughout the core of london struggle and maybe even shut down.

I agree Non doms do not contribute their fair share if you are comparing contribution as a percentage of wealth/income. But I would venture to say the average non dom contributes double what the average person contributes to the UK economy as a whole (tax plus economical benefit for the UK).

non doms (sorry Shap I'm gonna use you as an example here) take zero out of the economy, yet put a bunch in, Shap has bought a home, pays council tax on it, pays for water, gas, electric, buys his food, employs say a window cleaner and a gardener, puts money into the economy via restauarants, car purchases, petrol (and the insane tax included in that), clothes, entertainment, cabs, and no doubt a load more I can't think of off the top of my head - more than a ton of council estate chavs put together, but the problem is the non doms?

That right there is the crux of why the UK has gone to shit compared to 20 years ago. The mentality of those who want a 'level playing field' is right up there with the feminazis who want 'equal rights'... except what they want is punishment for anyone who isn't them, and whom they perceive to have an unfair advantage because they are too fucking stupid to realise the offsets :2 cents:

ps the 'toff' media bias was fine when it was the other 'team' they wanted to elect though wasn't it :error

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those buying million pound homes in london are just making london unaffordable for most people. that doesn't help anyone. and as far as "trickle down" ecconomics goes that's bullshit, why should an average worker pay 1/3 of his salary in tax and a wealthy person who can afford it pay nothing?

and as far as "Remove them from the ecconomy and watch the unemployment rate sore and the establishments throughout the core of london struggle and maybe even shut down." new york, LA, Paris, Barcelona aren't struggling and they don't have these antiquated tax rules that were setup 300 years ago and have no relevance now.

lol not everyone is a counciul house chav, i may spend less than your average non dom but i have a window cleaner, buy food, gas eletric etc etc and take nothing in any sort of benefits. so are you saying i shouldn't pay tax also? we all drive on the same roads, have the same army defend us etc.

non doms don't pay roadtax? hehe

I think a country should bend over backwards to get non doms.
They spend a shitload of money, and the majority of it is taxed through VAT.

If costs rise, they fuck off to Jersey or Switzerland.

You dont have to be a UK citizen/nondom to buy property in the UK. There's probably more empty housing owned by non residents, with interest rates so damn low, UK property is a great longterm investment.

The buy to let does need looking into.
I managed to buy a 20k flat in the early 90's for a 2 grand deposit and a mortgage of 70 quid a month. Rented it direct to the council for 400. I was making close to 20% a year on an appreciating asset. Sold the flat 8 years later for more than double what I paid.

The councils should be building more social housing rather than spending it on rent. But thats a local thing, it's not really the central governments fault.

I didn't say they were... I said non doms pay more into the economy than a bunch of chavs combined, and what's more, take nothing out.

And no I'm not saying that, I'm saying the offset for allowing the non doms is that in return for the tax breaks, we get a bunch more money pumped into our economy. No different to making sure your employees bring in more money than you pay them. You give them wages, pay a bunch of tax on your side for them, give them holidays, be flexible, dental/medical, and a bunch of other perks to make sure you get the cream of the crop, and in return you bring in more than you are laying out. There'll never be this utopia where everyone is equal, everyone earns the same, and so on and so on - that's the harsh reality of life, so when you can do something whereby you lose xxx,xxx in tax, but gain x,xxxx,xxx into the economy, you opt for the latter, to balance the books with the rest of the ins/outs of the country.

As usual though, it's people moaning about someone else's situation, rather than worrying about how to improve their own - it's the human condition and one that most people never grasp.

I would say tes...if you ask me he can go for another 5years.

Actually live abroad.

And no the UK is not quite well run.

Compared to the Congo, yes, other places no.

How are non doms paying nothing? Do you realize non doms are paying 15% land transfer tax when they buy properties? I don't see average worker paying that 15% land transfer or for that matter begging pay to pay their fair share of land transfer tax. Do you know non doms pay £40k a year just for non dom status? Pay nothing? Non doms add far more to the economy than you know.

Let's take the cities you mentioned.
Paris is in the shits. Real estate prices have dropped. Why? Because Hollande drove the rich out of france and right into the UK.
Barcelona... Not struggling? You want london to be more like Barcelona?
New York... that's the only fair example you gave. The problem is New York is the center of business for the US. The US is far bigger than the UK so naturally the business center for it will be far bigger. London is the size it is today because of the favourable rules it has in place. It encourages the richest europeans to keep their money in the UK. It is the safest place to have your money in Europe. The banking industry is huge in London because of the policies in place.

You remove the policies in place that attract money to the UK and you risk really messing with the economy.

What would happen if ireland decided to all of a sudden tax the shit out of all the tech companies set up there. You think the companies would say "ahhh you know what you are right let me pay my fair share. I'm in Ireland because this is a great country." lol hell no. They'd be on the first flight out of ireland and never look back.

Roly,

I understand the feeling that the world should be fair. But it's not fair. You are your neighbour will never pay the exact same amount in taxes. There is always someone doing paying less and someone paying more than you.

Removing non dom may make things fairer in your eyes but that will only be on the surface. If non dom were removed this is what I predict would happen
1. Majority of non doms would move their wealth outside of the UK.
2. That would have a major effect on everything in London from businesses to real estate etc. In fact it's safe to say doing that would cause a real estate crash in london.
3. the rich people will still be paying less tax than you. Why? Because they'll be paying for better tax advice, better tax structures and will find another way to beat the system.

So end result. London suffers. The rich still get richer. You still pay more tax than them. How is that a good thing?

Oh and to your point GOOD on a real estate crash in london it would make it more affordable? I imagine the government would disagree. I don't think they will like kissing away 15% land transfer fees they are getting on all these nice overpriced closets in london.

40k a year for nom dom, never knew that... so, about 6x the average workers tax contributions, plus all the extra spending. Yeah, seems a real bad idea :1orglaugh

It's almost like one political party puts a slant on it to stir up emotions, but surely that would never happen

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Policing, the NHS, help in general, housing, jobs, career opportunities, schooling & education, laws, rules, motoring & transport, roads, the way of life, it's very good, a very high standard of living in the majority of areas of the UK.

David Cameron was probably best choice other than Nigel Farage, some thing different. Better the devil you know :thumbsup

Still loving my life here in Spain, no help from the government, living on our own wage & enjoying the sun, sea, food & drink :winkwink:

they pay £30k if they've lived here for 7 years, lol, they are welcome to pay tax like everyone else that lives here if they prefer. for many i'm sure that £30k is nothing compared to the tax that would have been liable to pay.

also a lot of these nondoms were born here and have lived here all their life, but becuase they have a foreign father they can avoid paying tax. that's ridiculous and even uyo.

you seem to be under the illusion that london is a succesful city only because of this tax rule. for starters london is one of the great citys of the world and people want to live there, for everything that it has to offer. london is also the financial hub of europe and much of the world for many financial services - just as NY is. there's plenty of wealthy people that do live in london and still pay their fair share of taxes. ecconomists are undecided as to how much the country would gain or lose if this rule was removed, some would go and some would stay and pay.

Rose tinted glasses working well from Spain I see :1orglaugh