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Reeves May Soften Tax Changes After Backlash From Non-Doms
The Guardian
|June 18, 2025
Rachel Reeves is considering 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.
"Those that make the UK their home should pay their taxes here," she said at the time.
Her predecessor, Jeremy Hunt, had already sounded the death knell for non-dom status but Reeves's changes were expected to raise an additional £12.7bn over five years.
Denne historien er fra June 18, 2025-utgaven av The Guardian.
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FLERE HISTORIER FRA The Guardian
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