New Charge Could Prompt Rich Asians to Quit Uk ; Tax

Summary


Rich Asians are set to quit Britain following the Government's controversial tax shake-up.

A new survey has found 42 per cent of "high net worth individuals" considered nondomicile are now preparing to leave due to changes to the tax regime set to come into effect on April 6.

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Extract


New Charge Could Prompt Rich Asians to Quit Uk ; Tax

The central feature of the new laws is that non-domiciled individuals (non-doms) who have been UK residen...

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