Watch as ChancellorRachel Reeves is asked whether she underestimated the number of wealthy individuals who ‘might pack up’ because of Labours stance on non-dom status’s, after the chancellor announced plans to amend her proposal. The changes will allow for a more generous phase-out of tax benefits, Reeves revealed.
Speaking at the WEF, she explained that upcoming legislation will include provisions to make it easier for non-doms to repatriate their funds to the UK.
