Rachel Reeves’s budget creates tax break for rich ex-non-doms

Rachel Reeves’s budget creates tax break for rich ex-non-doms

Former non-doms will now benefit from a cap on the inheritance tax paid by their offshore trusts

A tax break for rich former non-doms that slashes their potential inheritance tax bills was included in the small print of the budget.

The benefit relates to how much tax this group faces having to pay on their global wealth held in trust.

Continue reading…   

​ 


Discover more from Stay Updated Finance News

Subscribe to get the latest posts sent to your email.

Author: admin

Leave a Reply

Your email address will not be published. Required fields are marked *