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.
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.
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.
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.
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
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 ...
‘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 ...
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 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.
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 ...
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.