Ferrari cuts number of cars it sends to UK after non-dom tax status scrapped

April’s non-dom tax changes in the UK prompted fears that Ferrari would lose its wealthy client base. Photograph: Remo Casilli/Reuters

Ferrari has cut the number of cars it sells in the UK as wealthy individuals relocate overseas after tax changes and the abolition of non-dom status.

The Italian luxury carmaker reportedly began limiting the number of vehicles it exported to the UK about six months ago, in an attempt to stop a decline in their residual value.