The Quoted Companies Alliance Tax Committee examined the HM Treasury Reform of the Taxation on Non-Domiciled Individuals, which explored creating an tax incentive for non-doms to invest in companies quoted in the UK. The Quoted Companies Alliance is very supportive of the proposal to extend the incentive to investment in quoted companies.We believe that high-net-worth individuals could be better encouraged to provide equity funding for growth companies by providing appropriate taxation incentives. Extending the incentive to quoted companies would be a positive step and increase investment in equity in the UK.
QCA response to HM Treasury's Reform of the Taxation on Non-Domiciled Individuals
The Quoted Companies Alliance Tax Committee examined HM Treasury's consultation on the reform of the Taxation on Non-Domiciled Individuals, which explored creating an tax incentive for non-doms to invest in companies quoted in the UK.
