Labour’s Non-Dom Tax Set to Lose Treasury £1 Billion

The first major survey of non-doms since the election is in. It’s not good news for Reeves’ ‘drive for growth’…

Consultancy Oxford Economics asked non-doms and their tax advisers what their plans were now that Labour will push ahead with its scrappage of the two-century-old scheme: 63% say they are planning on leaving within two years.[…] Read the rest