Bloomberg UK Politics

Rich Pickings: Super Wealthy Hit Back at Proposed Tax Changes

Oct 16, 2024
Nimesh Shah, CEO of Blick Rothenberg, offers insights into the tax landscape affecting the super wealthy. He discusses Keir Starmer's meeting with Foreign Investors for Britain, aimed at addressing fears of wealthy individuals leaving the UK due to proposed non-dom tax changes. Shah analyzes the potential economic impacts of these reforms and the concerns of entrepreneurs about the shifting tax climate. He emphasizes the need for stable policies to encourage investment and highlights the tension between public service funding and tax reforms.
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