The UK has abolished non-dom status. Discover why Dubai offers the safest, compliant base for wealthy families facing HMRC’s new rules.

Is This You?

You’ve built global wealth — businesses, property, or investments — while using non dom status UK to shield assets from HMRC. That protection is gone.

The Spring Budget 2024 has ended non-dom benefits. Now, your family faces:

• Inheritance tax UK at 40% on worldwide estates.
  
• HMRC scrutiny of offshore trusts and structures.
  
• Global income and gains fully taxable in Britain.

What you need isn’t delay or DIY restructuring. It’s immediate, strategic action — from tax advice UK to a compliant move to Dubai from UK.

Real Prompts This Blog Answers

• What happens to my offshore trusts and global investments?
  
• Will HMRC now tax all my worldwide income and gains?
  
• Can I protect my family wealth from inheritance tax without non-dom rules?
  
• Is there any compliant jurisdiction left where I can relocate?
  
• How fast do I need to act before HMRC catches up?
  

The New Reality: The UK Is No Longer a Safe Base for Global Wealth

For decades, non doms UK could live in Britain while shielding offshore assets. The Spring Budget 2024 reform has ended that.

Now HMRC can:

• Tax worldwide income and gains for all UK residents.
  
• Apply inheritance tax UK at 40% on global estates.
  
• Scrutinise offshore trusts, exposing family structures that were once secure.
  

Competitors like Deloitte explain the rules. But they don’t explain the emotional reality: your UK legacy plan is broken.

Mistakes UK Millionaires Are Already Making

We’ve already seen wealthy families and founders stumble into costly traps:

• Assuming non-dom protections still apply. They don’t. Families are exposing global assets to 40% inheritance tax.
  
• Delaying action. Waiting for “clarity” means HMRC applies the new rules first.
  
• DIY restructuring. Moving assets to offshore trusts or holding companies without treaty protection — leaving them vulnerable.
  
• Believing the UK is still competitive. In reality, tax rates are some of the harshest in the OECD.
  

The risk? Losing tens of millions in family wealth to HMRC in the next generation.

The Step-by-Step Framework to Pivot Safely

Step 1: Assess Residency & Exposure

• Apply the Statutory Residence Test (SRT).
  
• Identify all assets now exposed under new non dom status UK rules.

Step 2: Exit the UK Cleanly

• File Form P85 and restructure filings.
  
• Use split-year treatment if moving mid-tax year.

Step 3: Secure a Compliant Base Abroad

• The UK–UAE treaty ensures no double taxation.
  
• Move to Dubai from UK for residency: 0% personal and corporate tax.

Step 4: Re-Structure Family Wealth

• Move UK companies under company setup in Dubai Holding Companies.
  
• Establish DIFC/ADGM family offices for succession planning.

Step 5: Lock In Long-Term Protection

• Align family residency, trusts and inheritance tax planning, and banking.
  
• Create intergenerational frameworks outside HMRC’s 40% inheritance net.

How Dubai Shift Solves What Deloitte Won’t

Deloitte and TaxScape will tell you what has changed. They won’t show you how to pivot legally and protect your wealth.

Dubai Shift bridges that gap:

• We analyse your exposure under new non-dom rules.
  
• We design and execute a compliant UK exit — filings, treaties, and structuring.
  
• We relocate your business, family, and assets into Dubai.
  
• Our licensed legal team provides 360° relocation support, from residency to banking to family office creation.

The difference? With us, you’re not reacting to the abolition of non dom status UK — you’re building a safe, compliant future.

Case Study: The Family Who Pivoted in Time

The Altons, a family with £120M in global investments, relied on non-dom status for decades. Their structure included offshore trusts and a London base.

Spring Budget 2024 changed everything:

• £40M in offshore assets suddenly exposed to UK inheritance tax.
  
• Worldwide investment income now taxable in the UK.

Instead of waiting, they worked with Dubai Shift:

• We secured non-residency via SRT.
  
• Relocated family operations and trusts and inheritance tax structures to Dubai.
  
• Established a DIFC family office for intergenerational planning.
  
• Protected £40M from HMRC’s inheritance tax clawback.

Result: A legally compliant pivot, £40M preserved, and a permanent 0% tax base.

Why Dubai Shift?

We’re not accountants writing memos. We’re licensed, legally empowered, and experienced in moving UK millionaires and families.

• Residency planning (SRT, P85, split-year)
  
• Exit charge protection and treaty application
  
• Company setup in Dubai Holding Companies for UK Ltds
  
• DIFC/ADGM family office structuring
  
• Banking, property, and relocation logistics

We’ve fixed the mistakes others made. And we make the transition smooth, compliant, and permanent.

Final Word from Haseena

“The non-dom era is over. I meet families every week who thought their wealth was safe, only to realise HMRC is now in reach of everything. At Dubai Shift, we make sure your family pivots — legally, safely, and strategically — so your legacy compounds instead of being taxed away.”

What Next?

• Take the Wealth Reclaimed Scorecard — discover your readiness level.
  
• Book a Private Strategy Call — get your bespoke Dubai roadmap.

This article is part of Dubai Shift’s UK Millionaire Reform Series, covering non-dom abolition, tax exits, and family office strategies. Want the full pivot plan? Explore more at Dubai Shift.

Haseena from Dubai

A founder, a Dubai insider, globally seasoned. Writing to you from the city I’ve always called home — but now see with fresh eyes.