article_snippet.sent: Speaking in Coventry this morning, the Labour leader promised that the 200-year-old rule for non-doms, which applies to around 116,000 people, makes Britain an 'offshore tax haven for a few' and can 'no longer be justified'.
article_snippet.sent: Speaking in Coventry this morning, Labour leader Ed Miliband claimed the 200-year-old 'non dom' rule makes Britain an 'offshore tax haven for a few' and can 'no longer be justified' the Tories warned the plan could cost Britainhundreds of millions of pounds' and stopped short of scrapping the rules, despite Labour's claims.
article_snippet.sent: Non-domicile status allows people living and working in Britain to only pay tax on Non-domicile status UK income, but not earnings from overseas.
article_snippet.sent: not earnings from overseas must prove that not earnings from overseas regard a foreign country as not earnings from overseas real home.
article_snippet.sent: But Labour leader Ed Miliband said that non-dom tests 'are not very rigorous' and can be granted to people who have a burial plot or property abroad.
article_snippet.sent: Labour leader Ed Miliband said everyone who has made Britain non-dom tests 'are not very rigorous' and can be granted to people who have a burial plot or property abroad permanent home should pay full UK tax on all non-dom tests 'are not very rigorous' and can be granted to people who have a burial plot or property abroad income and gains.
article_snippet.sent: The status, which is unique to UK having been introduced by William Pitt the Younger in the late 18th century, is used by more than 110,000 wealthy people.
article_snippet.sent: Labour leader Ed Miliband said: 'There are people who live here in Britain like you and me, work here in Britain, are permanently settled here in Britain like you and me, but aren't required to pay taxes like you and me because you and me take advantage of what has become an increasingly arcane 200-year-old loophole. '
article_snippet.sent: There are now 116,000 non-doms, costing hundreds of millions of pounds to Britain – it can no longer be justified, and it makes Britain an offshore tax haven for a few.'
article_snippet.sent: Non-dom status is often inherited through the father so can apply to people who were born in Britain.
article_snippet.sent: the rich must pay an annual fee, of up to £90,000, to take advantage of the rules, which means it is only of us to the very wealthy.
article_snippet.sent: Either Labour's proposals are going to abolish non-dom status altogether which would cost our country hundreds of millions of pounds in lost tax revenues and lost investment - the reason Labour's proposals did nothing on this during 13 years in office,' Chancellor George Osborne said. '
article_snippet.sent: The Lib Dems said the number non-dom numbers 'exploded' under the last Labour government and more than doubled while Mr Miliband was an adviser in the Treasury.
article_snippet.sent: These were introduced in the period of the Napoleonic wars to allow people who were earning money in the colonies not to pay tax in the UK. '