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Politics

Wealthy Rush to Leave Taking Billions from UK With Them

Guido Fawkes · · 96 views

Wealthy non-doms are rushing to leave the UK before April thanks to Reeves’ new measures, say tax advisers. Taking their £118 million of investment each with them… Lawyer Philip Munro from Withers says the budget has “crystallised” decisions to leave after Reeves confirmed the 15-year-old regime will be scrapped, instead imposing IHT on people’s UK assets for their first 10 years of residence.[…] Read the rest

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