Non-Dom Exodus Ramps Up as Tax Status Abolished

The non-dom tax status ended over the weekend in the culmination of a journey which started with Jeremy Hunt borrowing Labour’s policy last year. Non-doms contribute about £8 billion in tax revenue per year…

One week after steel magnate Lakshmi Mittal announced he was leaving the UK in response to the change in rules Bloomberg now reports that brewing tycoon Frederic de Mevius has changed his residency to Belgium.[…] Read the rest