Reeves considers softening inheritance tax changes amid non-dom backlash

Chancellor is keen to mollify wealthy global investors and attract foreign investment into the UKBusiness live – latest updatesRachel Reeves is considering caving in to City lobbying and softening changes to inheritance tax that affect wealthy individuals who would previously have been “non-doms”, reports suggest.In her autumn budget, the chancellor confirmed that she would scrap the non-dom tax status, which allowed wealthy individuals with connections abroad to avoid paying full UK tax on their overseas earnings. Continue reading...

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