Spring budget: Jeremy Hunt told scrapping non-dom tax status would leave ‘country worse off’

Chancellor Jeremy Hunt is considering scrapping the non-dom tax status to fund pre-election tax cuts at the spring budget. Non-domiciled status allows foreign nationals who live in the UK, but are officially domiciled overseas, to avoid paying UK tax on their overseas income or capital gains. The move is reportedly on a list of revenue-raising … Continue reading Spring budget: Jeremy Hunt told scrapping non-dom tax status would leave ‘country worse off’

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