The Labour Leader Keir Starmer and Shadow Chancellor Rachel Reeves have previously stated that if Labour gain a majority in the next general election, the current tax regime for UK resident foreign domiciled individuals will be abolished. We asked Sophie Dworetzsky and Dominic Lawrance to give us their best guesses on what will actually happen, and also for their thoughts on what an incoming Labour government ought to do about non-doms.
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The Labour Leader Keir Starmer and Shadow Chancellor Rachel Reeves have previously stated that if Labour gain a majority in the next general election, the current tax regime for UK resident foreign domiciled individuals will be abolished. We asked Sophie Dworetzsky and Dominic Lawrance to give us their best guesses on what will actually happen, and also for their thoughts on what an incoming Labour government ought to do about non-doms.
If you are not a subscriber, subscribe now to read this content.