Was your dad a GI who stayed here? Were you born in this country? You can can claim non-domicile status and avoid UK tax

“Richard Caring, the restaurateur and clothing tycoon, has emerged as one of the major beneficiaries of generous dividends paid by BHS in the early days of Sir Philip Green’s ownership.

The Guardian has established that Caring, the owner of The Ivy and Le Caprice, was handed £93m in payouts from the retailer, which fell into administration this week – his share of more than £422m in dividends paid to shareholders including the Green family. …

… Caring is a UK-born citizen, has a London mansion known as the “Versailles of Hampstead”, and claims hereditary non-domicile tax status thanks to the US origins of his father, a former GI who settled in London after the war. This quirk enabled Caring not to disclose the existence of his Swiss or Monaco accounts to the UK tax authorities, and legally to avoid taxes on his capital held there.”

http://gu.com/p/4tyh8