A new era for non-doms: What does it mean for Trustees?

The new tax year began on 6 April, ushering in a new era for non-doms. Private Wealth and Tax Managing Associate Moustapha Hammoud and Legal Director Katie Doyle explore how the new rules affect trusts established by non-domiciled settlors. They discuss the impact on trust protections introduced in April 2017, utilising the temporary repatriation facility and managing separate bank accounts for effective tax planning.