Labour to abolish non-dom tax status: how would it work?

Ed Miliband says he would scrap the non-dom status that has become 'a symbol of tax avoidance' in the UK

Ed Miliband and Ed Balls
(Image credit: BEN STANSALL/AFP/Getty Images)

Labour has announced plans to abolish Britain's 200-year-old non-domicile rule, which allows some of the country's wealthiest residents to limit their tax payments.

Ed Miliband will say today that the "non-dom" status has become a symbol of tax avoidance and "makes Britain an offshore tax haven".

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