Rahel reeves Is Consider climbing her non-dome crackdown To stem the flow of ultra-rich taxpayers who leave the UK.
Chancellor Is Whether to make a U-turn on the decision Inheriting non-advocate persons based on their global assets.
Change, which Made an important part of labor general election campaignRich has expressed concern about a migration of rich as they run in search of low taxes.
And told the figure of a senior city financial Times “There will be there Most likely, some twist for heritage tax To prevent non-dome migration ”.
Billionaire steel tycoon Lakshmi mittal The changes of the Chancellor have been said to consider leaving Britain as a result of the changes.
A spokesperson to the Treasury said: “The government will continue to work with the stakeholders to ensure that the new regime is internationally competitive and will continue to focus on attracting the best talent and investment for the UK.”
Non-dome flaws, which allow foreign nationals living in the UK to avoid paying taxes on foreign earnings, When the spotlight was emphasized Independent Previously revealed He Akshata murtyRishi Sunak’s wife used it to save millions of pounds.
Ms. Muri, whose family business is estimated around £ 60bn, later stated that it would no longer claim a situation on its world -world earnings. At that time, she said that she did not want her tax situation “to be distraught for my husband or to impress my family”.
Since Labor came to power in July, the UK has lost a millionaire every 45 minutes, with labor tax tombs and lack of business faith.
The UK lost 10,800 millionaires last year, an increase of 157 percent at 2023, including 78 cent-Million-Milions (at least £ 100 million) and 12 billionaires. They left mainly to other countries in Europe, such as Italy and Switzerland, as well as the United Arab Emirates.
Tax planners have repeatedly warned of a migration of the UK super rich, in which several October blames the impact of the first budget of Ms. Reeves in October.
And Britain experienced its most significant decline in billionaires last year, according to Sunday Times Rich List,
The non-dome regime was replaced by a residency tax by the Chancellor, under which those living in the UK for more than four years are designed to pay income and capital profit tax on foreign earnings.
Those who live for a long time also pay inheritance tax on foreign property.
