With both the Labour and Conservative parties pledging to reform the non-dom regime, non-UK domiciled individuals may be looking for way to mitigate their income tax on offshore structures.

UK Chancellor Jeremy Hunt announced in March that he plans to reduce the 15-year cap to claim remittance basis down to four years. Non-doms will still be eligible for Overseas Workday Relief during the first three years of their residency in the UK but the Chancellor has said this process will be ...