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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 · 1d

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.

Sky News on MSN · 21h

Rachel Reeves to soften non-dom tax crackdown after 'listening to concerns'

Experts said the tax changes contributed to a growing exodus of millionaires from the UK - and the chancellor should find ways to attract them back to help the economy.

GB News on MSN · 1d

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

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Dispatch from Davos 2025: Did Reeves impress?

Rachel Reeves promised to "sell Britain" at Davos 2025, but did she succeed? Comms afficionado Zaki Cooper reports from the ...

23h

‘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 ...

British growth plans get positive response in Davos, minister says

British industry and energy minister Sarah Jones said that meetings in Davos this week with CEOs considering where to make ...

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 ...

The Economist1d

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 ...

accountingweb.co.uk6h

Reeves' non-dom rethink falls short without bigger changes

There has been a lot of excitement over Rachel Reeves' comments to journalists at Davos about revisions to the non-dom rules.

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

British Finance Minister Rachel Reeves will urge company bosses at the World Economic Forum meeting in Davos, Switzerland, to ...

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.

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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 ...

1don MSN

Rachel Reeves Accused Of A 'Deal For Millionaires' After Watering Down Non-Dom Plans

Rachel Reeves has been accused of a “Davos deal for millionaires” after announcing she was watering down moves to make wealthy foreigners pay more tax. The chancellor said she had been “listening to ...

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