RBC Chief Warns UK Wealth Tax Would Compound Non-Dom Exodus

RBC chief warns UK wealth tax would compound non-dom exodus

Britain ‘cannot afford to scare capital away’, says boss of Royal Bank of Canada

Non-doms are abandoning London’s wealthiest postcodes – and it affects all of us

Since rules around non-doms changed, high-net-worth residents are deserting places like Belgravia, Holland Park and Knightsbridge. Many of them are Helen Kirwan-Taylor’s friends – and it’s leaving her and the local businesses devastated...

Britain's billionaire exodus: All the super-rich business tycoons who have fled Labour's tax raids...and why more could soon follow

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Why is Wealth Tax a hot topic of discussion?

As the Autumn Budget approaches, there is plenty of noise surrounding Rachel Reeves’ plans for current tax rates, whether there will be increases, freeze extensions and the potential introduction of new tax rates. One tax notion that is causing a stir amongst politicians, business owners and financial Experts are the potential for a wealth tax. While a wealth tax doesn’t actually exist in the UK, it has been a hot topic of discussion for a long …