Meaning of “non-dom” in the English Dictionary

business-english dictionary
Contents

"non-dom" in Business English

See all translations

non-domadjective [ before noun ]

uk us TAX

abbrevation for non-domiciled: relating to the position of a person who lives in a country but does not have to pay tax there on money they have earned outside the country:

The Treasury says there are about 116,000 residents with non-dom status.
He called for a non-dom levy of £25,000 a year on those who live in this country but do not pay full taxes.

non-domnoun [ C ]

uk us TAX

a person who lives in a country but does not have to pay tax there on money they have earned outside the country:

For these non-doms, the UK is a tax haven.

(Definition of “non-dom” from the Cambridge Business English Dictionary © Cambridge University Press)