2 days ago
Preliminary UK Tax Data Eases Worries of Non-Dom Exodus, FT Says
The number of wealthy individuals leaving the UK in response to recent tax changes is so far in line with official predictions, the Financial Times said, citing people briefed on the findings of a HMRC analysis.
Monthly payroll data reviewed by HMRC suggest that the number of non-dom departures broadly conforms with projections from the Office for Budget Responsibility that one in four with trusts would leave, the FT reported.