Estimated 16,500 to flee UK as Rachel Reeves considers U-turn on non-dom rules
Estimated 16,500 to flee UK as Rachel Reeves considers U-turn on non-dom rules
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Millionaires eye English-speaking countries and favourable tax rates amid fears of fresh Reeves raid
An unprecedented 16,500 wealthy Britons are predicted to leave this year amid a darkening economic outlook.
The UK’s growing fiscal crisis and wealthy exodus may force Reeves towards a deeply unpopular measure
An estimated 16,500 millionaires are set to leave the country in the coming 12 months
Claims of a mass exodus of wealthy non-doms in response to tax rises may be overblown.
Experts doubt the details of a reported exodus, but tensions are growing between business leaders and the government.
