Plans to abolish non-dom status will be amended to allow a more generous phase out of tax benefits, Chancellor Rachel Reeves has announced.

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RTÉ

Ireland

Reeves promises changes if needed to meet budget rules

The size of the change to the Temporary Repatriation Facility, a three-year scheme to help ex non-doms bring their assets to the UK at a discounted tax rate, was described as a “tweak” that would not be expected to significantly change the money raised from the overall policy. Downing Street said the tweaks, which will […]

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Rachel Reeves to soften non-dom tax changes | Tech, Entertainment, Sport, Fashion, Travel News

The chancellor is to amend some of the changes to tax rules for non-domiciled individuals announced in October’s Budget

The Independent

Evgeny Lebedev

London

Greater London

England

Reeves to water down tax raid on non-doms after exodus of millionaires

Farmers have protested across the UK since October when Rachel Reeves launched her inheritance tax raid on the sector.

Daily Express

Reach plc

Rachel Reeves told of farmer suicide risk with 'human cost' of tax raid warning

Chancellor prepares Bill amendment after exodus of millionaires from Britain

The Telegraph

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David and Frederick Barclay

Rachel Reeves to water down non-dom tax raid

British finance minister Rachel Reeves told Reuters today that she will announce changes if necessary in March to meet her fiscal rules, but added that it was important not to "jump the gun" with two months still to go.

Government of Ireland

Chancellor of the Exchequer Rachel Reeves said she will relax some of her changes to the UK’s tax regime for wealthy foreigners, known as “non-doms,” amid concerns the Labour government’s policies are pushing millionaires to leave the country.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

United States

Reeves to Relax UK Non-Dom Rules Amid Millionaires Leaving

The bosses of the savings and investment giants AJ Bell, Aegon, Hargreaves Lansdown have issued warnings to the Labour government.

Birmingham Mail

Birmingham

West Midlands

HMRC could u-turn over new inheritance tax rules for UK households

Chancellor Rachel Reeves has indicated the Labour Government will be making an U-turn on one of her controversial tax decisions which was announced during the Autumn Budget

GB News

Rachel Reeves makes shocking U-turn on non-dom tax rules after 'concerns'

Downing Street said the move to soften non-dom reforms does not ‘change the overall approach’ to the Government’s policy.

The National

Gannett

Glasgow

Glasgow City

Scotland

Reeves plans to soften non-dom reforms after listening to concerns

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 Wall Street Journal, Reeves said the government had been “listening to the concerns… raised by the…

Rachel Reeves to soften non-dom tax changes

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