Treasury Rolls Pitch for Non-Dom Inheritance Tax U-Turn After Huge Exodus

Treasury civil servants are beginning to brief in earnest against Reeves’ abolition of the non-dom status. That’s when you know things have got really bad…

One official said Labour’s decision to levy inheritance tax on worldwide assets is “causing most heartburn” and another that the Treasury would change the IHT rules if it found it had to: “there will most likely be some tweaks to inheritance tax to stop the non-dom exodus.[…] Read the rest