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Jeremy Hunt has reversed years of Tory orthodoxy by scrapping the non-domicile tax status in his spring Budget, in a bid to pile pressure on the Labour Party by adopting one of its key policies. The chancellor Jeremy Hunt confirmed he will abolish the system that lets foreign nationals avoid paying UK tax on money made overseas, replacing it with a “modern, simpler and fairer residency-based system”. Watch more on Independent TV: https://www.independent.co.uk/tv/edit... Click here to subscribe to The Independent: https://bit.ly/Subscribe-to-Independent About The Independent: Making Change Happen. The Independent is the world’s most free-thinking newsbrand, providing global news, commentary and analysis for the independently-minded. Connect with The Independent: Check out our full video catalog: / theindependent Videos, daily editorial and more: http://www.theindy.com Click here to get the best of The Independent daily: https://www.independent.co.uk/newslet... Like The Independent on Facebook: https://www.fb.com/TheIndependentOnline Follow The Independent on Twitter: / independent Follow The Independent on Instagram: / the.independent Download the iOS & Android app: https://www.independent.co.uk/subscri... Help to support truly independent journalism. Every dollar you contribute will directly fund additional special reports and investigations from a free-thinking, award-winning newsroom you can trust - https://www.independent.co.uk/donations Subscribe to Independent Premium for exclusive content & live events: https://bit.ly/2MiOONB