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non-dom crackdown

  • Reeves ‘flying blind’ on non-doms as ultra-rich couple move to Milan

    October 21, 2025

    Rachel Reeves will go into next month’s budget “flying blind” over the number of non-doms that have left the UK, a new report has warned on the day that a high-profile couple relocated to Milan in response to the Chancellor’s crackdown last autumn. The study, which was compiled by former Treasury economist Chris Walker, found [...]

  • HSBC UK beefs up wealth arm with ‘generational’ bet

    September 26, 2025

    HSBC UK is making a “generational” play to beef up its wealth arm as the banking juggernaut eyes global dominance in the field. The FTSE 100 titan will launch a new Wealth Academy this autumn, the bank’s managing director of wealth Christopher Dean told City AM, in partnership with the London Business School. The bank’s [...]

  • Non-dom directors beware – leaving the UK comes with trade-offs

    August 21, 2025

    Running for the exit after Labour's non-dom tax crackdown? Employment lawyer Chiara Muston outlines the trade-offs to consider.

  • Rachel Reeves told to ‘get out of the way’ ahead of Autumn Budget

    August 13, 2025

    Chancellor Rachel Reeves has been told to “let businesses get on with it and get out of the way” ahead of delivering her second Autumn Budget in the coming months. A group of 1,500 private business leaders surveyed by KPMG said the Chancellor should focus on promoting higher wages and lower costs for companies. They [...]

  • Reeves’ non-dom crackdown is unwittingly driving rich Brits away too

    August 4, 2025

    The hordes of wealthy foreigners leaving Britain to escape the government’s non-dom crackdown are being joined by high-net-worth Brits capitalising on an arcane element of the policy that has made it easier for them to avoid paying inheritance tax (IHT). Several wealth advisers and tax lawyers have reported a “second wave of interest” from middle-aged [...]

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