{
Leslie Macleod Miller

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}
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wealthy britons consider exodus amid new tax hikes and regulations

Britain's wealthy are facing significant tax hikes following the Labour government's budget, which abolishes the non-dom regime and imposes new levies on private equity, second homes, and private jets. Finance Minister Rachel Reeves argues these measures are necessary for financial stability, but many affluent individuals are planning to leave the U.K., fearing a wealth exodus. Lobby groups warn that jurisdictions like Italy and Dubai are poised to attract the departing super-rich.
CNBC
British Pound Sterling Ford Motor Company RBC Wealth Management GBR CHE ITA ARE Steven Porter Leslie Macleod Miller Nick Ritchie David Lesperance Rachel Reeves Show more
Finance & Economy, News Article
13:09 05.11.2024
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