Reverse non-dom crackdown to get Britain building, Reeves urged

Rachel Reeves was right about non-doms

Last spring, Britain’s newspapers and money-watchers promised a mass exodus of wealth. Labour’s plan to scrap the “non-dom” tax status, Henley & Partners warned, would drive high-net-worth individuals from Britain in droves. Henley, who make money selling passports to the globally mobile rich, said the scale would be historic, a fiscal catastrophe in the making. Within days, the spectre of a millionaire migration was front-page fact. Rachel Reev…

Rachel Reeves EXPOSED: Shocking HMRC figures reveal impact of non-dom tax overhaul

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No sign of mass non-dom exodus following Labour crackdown

New tax data has allayed fears of a mass non-dom exodus from the UK following Labour's crackdown on their tax status.

Preliminary UK Tax Data Eases Worries of Non-Dom Exodus, FT Says

The number of wealthy individuals leaving the UK in response to recent tax changes is so far in line with official predictions, the Financial Times said, citing people briefed on the findings of a HMRC analysis.

Reverse non-dom crackdown to get Britain building, Reeves urged

Balfour Beatty’s outgoing chief says UK is missing out on chance to attract wealthy investors

Non-dom UK tax exodus overblown: Report   – Mortgage Strategy

Fears that wealthy non-doms would exit the UK after their status was tightened appear to have been overblown, according to early tax data.   Chancellor Rachel Reeves scrapped the non-domiciled tax status of these heavy buyers of prime homes in London and across the UK in April.   This status had shielded these