Plans to abolish non-dom status will be amended to allow a more generous phase out of tax benefits, Chancellor Rachel Reeves ...
The U.K. will soften some planned changes to its controversial non-dom tax rule following concerns of a millionaire exodus, ...
Rachel Reeves has been championing investment in Leeds at the World Economic Forum in Davos, as the Government announced new reforms to try and drive regional growth.
The non-dom changes appear designed to head off an exodus of the super rich after reports that approaching 11,000 millionaires left the country last year.
Rachel Reeves unveils an amendment to ease non-dom tax rules amid a surge in UK millionaire departures, aiming to keep Britain attractive to global wealth.
“Rachel Reeves is thinking the right way but she’s in a difficult position,” said a senior UK bank executive in Davos . “Labour in the UK have made a lot of good decisions but it is very hard for them ...
Rachel Reeves is to water down her crackdown on the non-dom tax status after analysis showed it had prompted an exodus of millionaires. The chancellor said she would be tabling an amendment to the ...
Rachel Reeves has suggested she will alter some of the more controversial non-dom reforms announced in the Autumn Budget.
The chancellor is to water down the non-domiciled tax changes amid reports of a growing exodus of millionaires from the UK.
Downing Street said the move to soften non-dom reforms does not ‘change the overall approach’ to the Government’s policy.
Britain will make the case to US President Donald Trump that Scotch whisky and other goods should be spared from any tariffs ...
Chancellor Rachel Reeves is planning to ‘soften’ the non-dom tax changes due to come into effect on April 6 2025.