A cautious Labour Party has been loath to highlight any taxes it may raise to fund public services with just one or two exceptions, including on wealthy “non-doms” — those not domiciled in the UK for tax purposes.
Last month, Chancellor Jeremy Hunt stole the Opposition’s thunder by announcing in the Budget plans to abolish non-dom status. This not only deprived Labour of a rare policy difference, but also theoretical cash it wants to spend in government.
