The high-profile non-doms that have quit Britain since the Budget Wealth If the pleas of wealth advisers and tax lawyers are to be believed, since the Chancellor’s Autumn fiscal crackdown, non-doms have been leaving Britain in droves. We’ve listed the most high-profile departures since the Budget. Having made it almost exactly halfway through her maiden Budget, the UK’s first female Chancellor was beginning to find her [...]
Reeves to water down non-dom changes as scale of exodus revealed Politics Rachel Reeves has confirmed she will alter some of the more controversial non-dom reforms announced in the Autumn Budget. Speaking at the World Economic Forum in Davos, the Chancellor committed to tabling an amendment to the Finance Bill removing some of the most contentious elements of its changes to non-dom taxation. Answering a question from [...]
The ultra rich exodus has made an exit tax tempting. Would it work? Economics Millionaires are leaving the UK in record numbers, prompting the Resolution Foundation, an influential left-wing think tank, to propose an exit tax.
Are the super-rich running out of road? September 4, 2024 As more western governments look at ways to increase taxes for the ultra-rich, Ali Lyon asks whether it will work