Why should we be concerned about him leaving if he doesn’t pay tax here now?
The guys owns 10 properties in London alone – 10 properties someone else could be making their home in.
Goodbye and don’t let the door slap your arse on the way out.
simanthropy on
Can you imagine being so concerned with paying taxes that you can easily afford that you would uproot your life and live somewhere else? I love living in London for everything London offers me. Going to live in Dubai or Monaco or any of these soulless hedonistic places sounds like a nightmare to me.
It’s no way to live a life, and it’s so sad that someone who can choose to do literally anything they want to with their life feels their hands are tied in this way. Money really doesn’t buy happiness…!
Edit: inb4 “London is a soulless hedonistic place” – it also happens to be my home. I’m sure I’d love Dubai if I were born there.
KL_boy on
So in both cases, your tax contribution to the UK is zero? I fail to see the difference in the overall tax take of the country. If there is a better deal, do it.. move.
I think that amply demonstrates the problem, the super rich can simply move to wherever they wish, and we cant ‘compete’ with tax free states like those. The answer would seem to be to tax the money where its earned, not where it is accumulated.
osmin_og on
As people usually don’t read full articles, I’m copying an interesting opinion. The one I haven’t thought about before.
> Haidar said he would be happy to pay a £200,000-a-year “flat tax” – similar to a €100,000-a-year (£85,000) scheme offered in Italy – to retain the non-dom status. “I am happy to pay £200,000 on money I don’t earn in the UK.”
> He said that if only a small fraction of the non-doms in the UK paid a flat tax of £200,000 or even £100,000, it would raise far more money in tax income than the extra £2.7bn tax the government hopes to raise by scrapping the non-dom regime.
Caephon on
Don’t let the door hit you on the way out you degenerate fucking parasite.
Impressive_Meringue8 on
I thought it was a case of them now having to pay tax on global income instead of just income from U.K.? So if he leaves will still be paying tax on income from U.K. properties & other investments as per now?
Hungry_Horace on
Non-dom status is meant to be for people who come to work in the UK for a short period of time, but aren’t living here permanently – such as someone who comes from overseas to work for a UK company for a few years. The vast majority of non-doms fit into this category, or people who have only recently arrived in the UK and haven’t become permanent residents yet – you get 15 years currently of non-dom status.
If Haidar has lived in the UK since 2010 then his 15 year grace period as a non-dom is almost up and he would lose most of the tax advantages anyway.
It certainly sounds like he’s been taking advantage of the loophole to offshore profits from UK-based enterprises and avoid paying any tax on them whilst benefitting from living and working in the UK. If he, a billionaire, decides to forego living here for the sake of a few million, the taxpayer lose a few hundred thousand in current taxation but he loses more by having to move.
I suspect despite the bluster, a lot of the long-term non-doms will simply opt to stay and pay their fair amount of tax.
4me2knowit on
I seem to be being confused with someone who gives a fuck
francisdavey on
Just to be clear, “non dom” status enabled you to live in the UK without paying taxes on foreign earnings. You still paid tax on UK earnings. If you own property in the UK and make a profit on it, that profit should be taxed as UK income regardless of your domicile.
MrPloppyHead on
Bye then. Does this mean I will have less of his discharge trickling down me?
mediadavid on
He’s *going* to move? You mean that up to this point he was living here? You could say domiciled here?
Thorazine_Chaser on
Changing the non dom taxation rules is plain stupid IMO. What is the purpose? The only arguments I have seen can be chalked up to political grandstanding, a “let’s stick it to the man” mentality. This attitude gave us Brexit ffs.
wesleyD777 on
Aww boo hoo, I hope he writes.
If you want all the benefits of living in a society then pay your taxes there. These people are leeches.
thatsgossip on
ok? fuck off then. someone who is happy to pay their fair share of taxes can soon replace you. don’t need selfish greedy assholes like this holding the country to ransom. fuck off and don’t come back.
-NiMa- on
People inability to read something before commenting is amazing, also it seems like 80% of comments don’t understand what even non-dom tax status is…..
Born-Ad4452 on
Someone who wants to live off of society, not in it. Bye then.
afrophysicist on
Owning ten properties in Central London doesn’t scream that he has no significant ties to the UK that would make his non-Dom status legitimate…
Voice_Still on
Then fuck off pal, you don’t pay taxes anyway so who gives a fuck
Hot-Manufacturer8262 on
Good riddance. If you have no loyalty or love for this country go away.
technicalthrowaway on
What’s the point of this article?
> “I am moving – that is it,” said Haidar, an entrepreneur who has lived in the UK on-and-off since 2010. “There’s no two questions about this; we have looked at it from every angle and it just doesn’t make sense to stay here. This [the ending of the non-dom regime] is going to cost me millions and millions of dollars and pounds every year in taxes on money that I’ve actually made abroad and businesses that I’ve built abroad.”
He says he’s looked at it from every angle, and then mentions nothing about anything other than cash.
I can’t understand why this person thinks anyone cares. Imagine choosing to uproot your life and the life of your loved ones and move to another country over a tax regime. It’s not even that he’s being asked to pay tax, it’s more that he seems to think his tax bill should be purely a function of his UK earnings.
Guy owns 10 houses, but seems to think he should be tax free because he doesn’t earn any money here.
The guy is clearly a grade A moron.
There are getting on 200 countries on this planet, and a bunch of them are fighting to attract rich people. That means every few months, the global tax landscape changes.
Although I don’t agree with it, I can understand international business technically but not practically moving to other tax jurisdictions – businesses exist to make money. Humans exist to live.
I wonder if he realises the complete and utter drain on everything around him he is. I’m sad for his family or anyone close to him. I hope he gets the help he really needs, because he’s clearly lacking something.
ParrotofDoom on
So go then. If you’re more concerned about your millions than you are about family, friends, local attractions, your neighbours, etc – then go. We don’t want you. There’s more to life than licking the backsides of men who think money is everything.
DinoKebab on
All this thread has shown me is how the majority of people don’t understand how basic tax systems work.
TheLambtonWyrm on
That’s the problem with billionaires existing. If you want to be prosperous, you have to pander to their bullshit. Or else they just go to someone less scrupulous and make them prosperous instead.
Alib668 on
Before people say good riddence or why shoudl i care….be careful what you wish for is the addage
Cultural_Tank_6947 on
I generally have sympathies with the rationale behind the tax status for non-doms.
What I don’t like is that it could be bought with money.
I wasn’t born in the UK. I moved here for Uni. I have a bit of money saved/invested overseas. It is essentially the equivalent of junior ISAs that matured and moved onto my name when I turned 18.
It’s probably £35-40k, so not small but frankly immaterial in the grand scheme of things. Once I was deemed fully tax resident/domiciled, I’ve had to pay tax on the interest earned.
It annoys me that I had to, and someone much richer than me could pay a flat £30k and not have to pay it.
It needs to be fair for everyone. Ideally, money earned overseas and that isn’t brought into the UK, shouldn’t be taxed in the UK.
But here we are. Trust our politicians to make things worse for everyone rather than making things better for everyone. But at least it’s equal!
bduk92 on
If they’re not paying tax anyway and hiding their assets, then I don’t really see the loss to the UK.
When you’re accustomed to privilege, equality feels like oppression.
CastleofWamdue on
if a person is not paying tax, why do I give a shit if they leave?
spanglesandbambi on
Oh no a man that doesn’t pay taxes but uses our services is leaving what a loss.
BewareOfTheWombats on
Good, fuck off. Next step needs to be taxing the fuck out of foreign ownership of UK property.
in-jux-hur-ylem on
New rule: you must be a UK resident paying UK tax if you want to own any of our property.
You can leave if you want to sir, but those homes you own have to be sold back to UK residents.
Main_Cauliflower_486 on
Strip him of his assets and send this parasite to Rwanda.
DinosaurInAPartyHat on
These guys were already avoiding paying tax in the UK.
Let them go and others will take their place, people who actually pay tax.
smoothie1919 on
Doesn’t America already tax its citizens on money made abroad?
I don’t really get this mindset. He’s a millionaire many many times over. Why, when you’re that rich and secure, do people still want more and more? It’s complete greed. Pay into the country that has been your home.
tim_mop1 on
I wonder what the threshold of net wealth is where you change from making decisions based on how you want to spend your time to making decisions based primarily on maintaining or expanding your wealth.
It’s so weird to me – I feel like if I built a business or two and reached a point where I had even £50m in the bank I’d be like “great, money no longer an issue, I’ll just do what I want”. I get protecting wealth for your children, but at a certain point the kids/grandkids etc are still going to live a life of luxury even after inheritance tax
ash_ninetyone on
Oh well. Bye then.
Most of the people who see this as a bad thing will be those still bought into the fallacy that wealth trickles down
Suttisan on
Foreign nationals shouldn’t be allowed to own property in the UK period, it’s done in plenty of countries.
jx45923950 on
What an absolute out of touch bellend.
Don’t let the door hit you on the way out.
steepleton on
“Haidar, … donated £360,000 to the Conservatives last year. He said he was not consulted by the government or the Tory party about the decision to scrap the non-dom tax scheme”
oof, bye then
OliLombi on
Oh no, the man taking advantage of our system is LEAVING!? Boo fucking hoo.
cosmic_animus29 on
Non-doms should be kicked out of the country. If you don’t pay taxes, then you get out.
Venixed on
Bye, good riddance, avoid taxes you don’t deserve to stay, have fun!!
Tom0511 on
Poor guy. Sounds really tough on him. Hope he gets through it ok.
BeatsandBots on
So long! Farewell! Fewer parasites is a good thing.
tekfx19 on
This isn’t an airport, you don’t have to announce your departure.
haunted_swimmingpool on
Society is really going to miss all the Tories that refuse to contribute to society.
46 Comments
Why should we be concerned about him leaving if he doesn’t pay tax here now?
The guys owns 10 properties in London alone – 10 properties someone else could be making their home in.
Goodbye and don’t let the door slap your arse on the way out.
Can you imagine being so concerned with paying taxes that you can easily afford that you would uproot your life and live somewhere else? I love living in London for everything London offers me. Going to live in Dubai or Monaco or any of these soulless hedonistic places sounds like a nightmare to me.
It’s no way to live a life, and it’s so sad that someone who can choose to do literally anything they want to with their life feels their hands are tied in this way. Money really doesn’t buy happiness…!
Edit: inb4 “London is a soulless hedonistic place” – it also happens to be my home. I’m sure I’d love Dubai if I were born there.
So in both cases, your tax contribution to the UK is zero? I fail to see the difference in the overall tax take of the country. If there is a better deal, do it.. move.
Bye.
>First in [Monaco, the tax-free principality on France’s Côte d‘Azur](https://www.theguardian.com/business/2017/nov/19/monaco-builds-into-the-med-to-house-new-throng-of-super-rich), and then tax-free Dubai
I think that amply demonstrates the problem, the super rich can simply move to wherever they wish, and we cant ‘compete’ with tax free states like those. The answer would seem to be to tax the money where its earned, not where it is accumulated.
As people usually don’t read full articles, I’m copying an interesting opinion. The one I haven’t thought about before.
> Haidar said he would be happy to pay a £200,000-a-year “flat tax” – similar to a €100,000-a-year (£85,000) scheme offered in Italy – to retain the non-dom status. “I am happy to pay £200,000 on money I don’t earn in the UK.”
> He said that if only a small fraction of the non-doms in the UK paid a flat tax of £200,000 or even £100,000, it would raise far more money in tax income than the extra £2.7bn tax the government hopes to raise by scrapping the non-dom regime.
Don’t let the door hit you on the way out you degenerate fucking parasite.
I thought it was a case of them now having to pay tax on global income instead of just income from U.K.? So if he leaves will still be paying tax on income from U.K. properties & other investments as per now?
Non-dom status is meant to be for people who come to work in the UK for a short period of time, but aren’t living here permanently – such as someone who comes from overseas to work for a UK company for a few years. The vast majority of non-doms fit into this category, or people who have only recently arrived in the UK and haven’t become permanent residents yet – you get 15 years currently of non-dom status.
If Haidar has lived in the UK since 2010 then his 15 year grace period as a non-dom is almost up and he would lose most of the tax advantages anyway.
It certainly sounds like he’s been taking advantage of the loophole to offshore profits from UK-based enterprises and avoid paying any tax on them whilst benefitting from living and working in the UK. If he, a billionaire, decides to forego living here for the sake of a few million, the taxpayer lose a few hundred thousand in current taxation but he loses more by having to move.
I suspect despite the bluster, a lot of the long-term non-doms will simply opt to stay and pay their fair amount of tax.
I seem to be being confused with someone who gives a fuck
Just to be clear, “non dom” status enabled you to live in the UK without paying taxes on foreign earnings. You still paid tax on UK earnings. If you own property in the UK and make a profit on it, that profit should be taxed as UK income regardless of your domicile.
Bye then. Does this mean I will have less of his discharge trickling down me?
He’s *going* to move? You mean that up to this point he was living here? You could say domiciled here?
Changing the non dom taxation rules is plain stupid IMO. What is the purpose? The only arguments I have seen can be chalked up to political grandstanding, a “let’s stick it to the man” mentality. This attitude gave us Brexit ffs.
Aww boo hoo, I hope he writes.
If you want all the benefits of living in a society then pay your taxes there. These people are leeches.
ok? fuck off then. someone who is happy to pay their fair share of taxes can soon replace you. don’t need selfish greedy assholes like this holding the country to ransom. fuck off and don’t come back.
People inability to read something before commenting is amazing, also it seems like 80% of comments don’t understand what even non-dom tax status is…..
Someone who wants to live off of society, not in it. Bye then.
Owning ten properties in Central London doesn’t scream that he has no significant ties to the UK that would make his non-Dom status legitimate…
Then fuck off pal, you don’t pay taxes anyway so who gives a fuck
Good riddance. If you have no loyalty or love for this country go away.
What’s the point of this article?
> “I am moving – that is it,” said Haidar, an entrepreneur who has lived in the UK on-and-off since 2010. “There’s no two questions about this; we have looked at it from every angle and it just doesn’t make sense to stay here. This [the ending of the non-dom regime] is going to cost me millions and millions of dollars and pounds every year in taxes on money that I’ve actually made abroad and businesses that I’ve built abroad.”
He says he’s looked at it from every angle, and then mentions nothing about anything other than cash.
I can’t understand why this person thinks anyone cares. Imagine choosing to uproot your life and the life of your loved ones and move to another country over a tax regime. It’s not even that he’s being asked to pay tax, it’s more that he seems to think his tax bill should be purely a function of his UK earnings.
Guy owns 10 houses, but seems to think he should be tax free because he doesn’t earn any money here.
The guy is clearly a grade A moron.
There are getting on 200 countries on this planet, and a bunch of them are fighting to attract rich people. That means every few months, the global tax landscape changes.
Although I don’t agree with it, I can understand international business technically but not practically moving to other tax jurisdictions – businesses exist to make money. Humans exist to live.
I wonder if he realises the complete and utter drain on everything around him he is. I’m sad for his family or anyone close to him. I hope he gets the help he really needs, because he’s clearly lacking something.
So go then. If you’re more concerned about your millions than you are about family, friends, local attractions, your neighbours, etc – then go. We don’t want you. There’s more to life than licking the backsides of men who think money is everything.
All this thread has shown me is how the majority of people don’t understand how basic tax systems work.
That’s the problem with billionaires existing. If you want to be prosperous, you have to pander to their bullshit. Or else they just go to someone less scrupulous and make them prosperous instead.
Before people say good riddence or why shoudl i care….be careful what you wish for is the addage
I generally have sympathies with the rationale behind the tax status for non-doms.
What I don’t like is that it could be bought with money.
I wasn’t born in the UK. I moved here for Uni. I have a bit of money saved/invested overseas. It is essentially the equivalent of junior ISAs that matured and moved onto my name when I turned 18.
It’s probably £35-40k, so not small but frankly immaterial in the grand scheme of things. Once I was deemed fully tax resident/domiciled, I’ve had to pay tax on the interest earned.
It annoys me that I had to, and someone much richer than me could pay a flat £30k and not have to pay it.
It needs to be fair for everyone. Ideally, money earned overseas and that isn’t brought into the UK, shouldn’t be taxed in the UK.
But here we are. Trust our politicians to make things worse for everyone rather than making things better for everyone. But at least it’s equal!
If they’re not paying tax anyway and hiding their assets, then I don’t really see the loss to the UK.
When you’re accustomed to privilege, equality feels like oppression.
if a person is not paying tax, why do I give a shit if they leave?
Oh no a man that doesn’t pay taxes but uses our services is leaving what a loss.
Good, fuck off. Next step needs to be taxing the fuck out of foreign ownership of UK property.
New rule: you must be a UK resident paying UK tax if you want to own any of our property.
You can leave if you want to sir, but those homes you own have to be sold back to UK residents.
Strip him of his assets and send this parasite to Rwanda.
These guys were already avoiding paying tax in the UK.
Let them go and others will take their place, people who actually pay tax.
Doesn’t America already tax its citizens on money made abroad?
I don’t really get this mindset. He’s a millionaire many many times over. Why, when you’re that rich and secure, do people still want more and more? It’s complete greed. Pay into the country that has been your home.
I wonder what the threshold of net wealth is where you change from making decisions based on how you want to spend your time to making decisions based primarily on maintaining or expanding your wealth.
It’s so weird to me – I feel like if I built a business or two and reached a point where I had even £50m in the bank I’d be like “great, money no longer an issue, I’ll just do what I want”. I get protecting wealth for your children, but at a certain point the kids/grandkids etc are still going to live a life of luxury even after inheritance tax
Oh well. Bye then.
Most of the people who see this as a bad thing will be those still bought into the fallacy that wealth trickles down
Foreign nationals shouldn’t be allowed to own property in the UK period, it’s done in plenty of countries.
What an absolute out of touch bellend.
Don’t let the door hit you on the way out.
“Haidar, … donated £360,000 to the Conservatives last year. He said he was not consulted by the government or the Tory party about the decision to scrap the non-dom tax scheme”
oof, bye then
Oh no, the man taking advantage of our system is LEAVING!? Boo fucking hoo.
Non-doms should be kicked out of the country. If you don’t pay taxes, then you get out.
Bye, good riddance, avoid taxes you don’t deserve to stay, have fun!!
Poor guy. Sounds really tough on him. Hope he gets through it ok.
So long! Farewell! Fewer parasites is a good thing.
This isn’t an airport, you don’t have to announce your departure.
Society is really going to miss all the Tories that refuse to contribute to society.