Jeremy Hunt ‘made mistake’ with non dom reforms

One of Britain's richest men moving his businesses out of London after Labour's non-dom tax raid

Jeremy Hunt ‘made a mistake’ targeting non-doms, says shadow business secretary – Your Capital Minds

Former Chancellor Jeremy Hunt was wrong to scrap the tax perks of wealthy foreign residents in the UK, according to shadow business secretary Andrew Griffith, who said the move had undermined the country’s attractiveness to global wealth creators. Speaking at TheCityUK’s annual conference in London, Griffith admitted it had been a “mistake” for Hunt — under whom he served as a Treasury minister — to abolish the centuries-old non-dom regime durin…

Jeremy Hunt ‘made a mistake’ targeting non-doms, says shadow business secretary

Former Chancellor Jeremy Hunt was wrong to scrap the tax perks of wealthy foreign residents in the UK, according to shadow business secretary Andrew Griffith, who said the move had undermined the country’s attractiveness to global wealth creators. Speaking at TheCityUK’s annual conference in London, Griffith admitted it had been a “mistake” for Hunt — under whom he served as a Treasury minister — to abolish the centuries-old non-dom regime durin…

Jeremy Hunt ‘made mistake’ with non dom reforms

Former Chancellor Jeremy Hunt was wrong to target non doms as part of efforts to raise more government revenue from tax, shadow business secretary Andrew Griffith has said.  Hunt abolished a special tax status for non-domiciled residents in his last Budget, then raising £2.7bn, before Rachel Reeves went further by removing a carve-out that allowed assets held in a foreign trust to be free from inheritance tax.  Griffith, a former City minister, …