Rachel Reeves to soften non-dom tax changes
Source: BBC
Plans to abolish non-dom status will be amended to allow a more generous phase out of tax benefits, Chancellor Rachel Reeves has announced.Reeves told an audience at the World Economic Forum in Davos that changes would be made to upcoming legislation to increase the generosity of a facility to help non-doms repatriate their funds to the UK. Non-dom status enables people who live in the UK to avoid paying UK tax…
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