Today’s “Word of the Day” is “non-dom“ and it is an adjective meaning “”non-dom” is short for “non-domiciled individual”; a person who lives in a country (particularly in the U.K.), but his/her domicile (permanent residence) is in another country. (A non-dom only pays UK tax on money earned in the UK but does not have to pay any tax to the UK on money made elsewhere in the world ( unless they bring their money into Britain)”.
Example Sentence: Akshata Murty (the daughter of Infosys co-founder Narayana Murthy & the wife of Chancellor of the Exchequer (i.e. finance minister of the UK) Rishi Sunak) is not alone, non-doms are ten a penny in some circles… A timely new study reveals that more and more Britons have benefited from the tax loophole used by Rishi Sunak’s wife.
This word is present in The Guardian article Akshata Murty is not alone, non-doms are ten a penny in some circles and click here to read it.
Courtesy: The Guardian
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