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Rachel Reeves makes shocking U-turn on non-dom tax rules

UK to soften tax rules for wealthy foreigners after millionaire exodus, Rachel Reeves says

The U.K. is to soften some planned changes to its controversial non-dom tax rule following concerns of a millionaire exodus, the Treasury has confirmed.

BBC on MSN · 17h

Rachel Reeves to soften non-dom tax changes

Plans to abolish non-dom status will be amended to allow a more generous phase out of tax benefits, Chancellor Rachel Reeves has announced. Reeves told an audience at the World Economic Forum in Davos that changes would be made to upcoming legislation to increase the generosity of a facility to help non-doms repatriate their funds to the UK.

Bloomberg L.P. on MSN · 19h

Reeves to Relax UK Non-Dom Rules Amid Millionaires Leaving

Chancellor of the Exchequer Rachel Reeves said she will relax some of her changes to the UK’s tax regime for wealthy foreigners, known as “non-doms,” amid concerns the Labour government’s policies are pushing millionaires to leave the country.

GB News on MSN · 20h

Rachel Reeves makes shocking U-turn on non-dom tax rules after 'concerns'

Chancellor Rachel Reeves has indicated the Labour Government will be making an U-turn on one of her controversial tax decisions which was announced during the Autumn Budget. Specifically, Reeves has asserted she is open to relaxing the rules impacting the "non dom community" in a move to stop wealthy taxpayers fleeing the UK while appearing at the

14h

‘Right thinking but a difficult position’: global investors’ verdict on Rachel Reeves at Davos

“Rachel Reeves is thinking the right way but she’s in a difficult position,” said a senior UK bank executive in Davos . “Labour in the UK have made a lot of good decisions but it is very hard for them ...

The Economist23h

The Rachel Reeves theory of growth

That left Rachel Reeves, Britain’s chancellor, with an uphill task when she arrived at the Swiss alpine town to court ...

16h

Rachel Reeves’ Davos comeback: Ailbhe Rea

Sainsbury’s today announced it will cut over 3,000 jobs, including 20% of senior managers — a headline we shared among colleagues in the newsroom simply with the comment: “oof.”“Oof” is right. It is a ...

Rachel Reeves must convince investors she won't wreck UK

The Chancellor must needs to assure people in both Davos and Dudley that Britain is not where great projects go to die.

Rachel Reeves champions Davos investment in Leeds as new strategic partnership announced for West Yorkshire

Rachel Reeves has been championing investment in Leeds at the World Economic Forum in Davos, as the Government announced new reforms to try and drive regional growth.

14hon MSN

Reeves to water down non-dom changes as scale of exodus revealed

Rachel Reeves has suggested she will alter some of the more controversial non-dom reforms announced in the Autumn Budget.

3don MSN

UK's Reeves to tell Davos: 'time to invest in Britain is now'

LONDON (Reuters) -British finance minister Rachel Reeves will urge company bosses to invest in the UK when she travels to ...

Reeves heads to Davos in bid for more investment from international banks

The Chancellor is expected to meet the heads of major international banks during her two-day visit to the Swiss town on ...

1don MSN

Chancellor Rachel Reeves indicates she will overrule environmental objections to a third runway at Heathrow

The chancellor, speaking to Sky News at Davos, says she does not think the UK would be a target for tariffs threatened by ...

2hon MSN

Rachel Reeves faces a fresh setback after damning consumer poll

It added to the gathering gloom over the economy at the start of the year as supermarket chain Sainsbury's yesterday revealed ...

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