New UK non dom concession ‘accelerates’ wealthy people’s exit plans

New UK non-dom concession ‘accelerates’ wealthy people’s exit plans

Anyone leaving before April 2025 will become exempt from inheritance tax after three years

Business - Financial Times - Yesterday

UK hits wealthy with raids on non-doms, private equity and estates

Chancellor pressed ahead with contentious changes to offshore trusts used by rich foreigners

Business - Financial Times - October 30

Some UK non-doms to pay exit charges on trusts after Budget changes

Move to target wealthy foreigners comes as government makes several concessions to stem flow out of Britain

World - Financial Times - November 1

Private jets, carried interest and non-doms

Plus, Harvey Schwartz leaves a troubled fintech’s board and BHP sends mixed messages about interest in buying its rival

World - Financial Times - October 31

Non-dom scheme replacement will turn London into ‘bigger version of Bahamas’

Wealth advisers warn UK government’s new rules will attract those seeking short-term tax holidays

World - Financial Times - November 4

Billionaire Poonawallas buy £42mn Mayfair property despite non-dom fears

Purchase of block on upmarket Grosvenor Square comes ahead of tax changes for wealthy international investors

Business - Financial Times - November 20

UK inflation accelerates sharply to 2.3% in October

Increase from 1.7% prompts traders to further reduce bets that Bank of England will cut rates next month

Business - Financial Times - November 20

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - October 30

Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners

Experts say big tax bills could result from Rachel Reeves’ move in the Budget

Business - Financial Times - October 30

Record numbers of wealthy Americans are making plans to leave the U.S. after the election

Attorneys and advisors to family offices and high-net-worth families said they're seeing record demand from clients looking for second passports or long-term residencies abroad.

Business - CNBC - November 1

Tories accuse Labour of ‘pinching our ideas’ with jobs plan – UK politics live

Shadow minister says Liz Kendall ‘making right noises to fix economic activity’ but claims plans lack substance. The Federation of Small Businesses applauds the ambition in the government’s Get ...

World - The Guardian - 18 hours ago

Why Early Planning is Key to Exiting a Small Business

Starting a business is hard, but leaving it may be even harder without an advance strategy for a transition.

Business - Inc. - 6 days ago

Microsoft supercharges Fabric with new data tools to accelerate enterprise AI workflows

At Ignite, Microsoft shared several new enhancements for Fabric, setting up the platform as the unified data layer for next-gen AI apps.

Tech - VentureBeat - November 19

Ukraine front could 'collapse' as Russia gains accelerate, experts warn

Moscow's forces have taken more ground since September than they did over the course of 2023, analysts say.

Kyle Hamilton injury update: Ravens lose safety in win vs. Bengals; ankle sprain 'not super serious,' HC says

The All-Pro left late in the first half and did not return

Sports - CBS Sports - November 8

‘My scars aren’t a finish line’: three trans and non-binary people on how top surgery changed their lives

The number of gender-affirming procedures rose in the US, followed by an onslaught of anti-trans laws. For many, the scars can be a symbol of pride and resilience. For many trans and non-binary ...

World - The Guardian - November 19

Mexico’s president unveils a plan to promote non-violent music over 'narco corridos'

Mexican President Claudia Sheinbaum wants Mexicans to cut back on listening to “narco corridos.”

Entertainment - ABC News - Yesterday

Mexico’s president unveils a plan to promote non-violent music over 'narco corridos'

Mexican President Claudia Sheinbaum wants Mexicans to cut back on listening to “narco corridos.”

World - ABC News - Yesterday

How many people still smoke in the UK?

The government wants to create a smoke-free generation and restrict the sale and marketing of vapes.

UK must offer Trump concessions on China to avoid tariffs says senior MP

Labour’s Liam Byrne argues government needs to address US concerns about economic security

World - Financial Times - November 14

‘I know it’s awkward to give advice to wealthy people’: My wife, 50, has terminal cancer. Our estate is worth $18 million. How do we prepare?

“We have two children ages 19 and 21, with one starting law school and the younger planning on medical school.”

Business - MarketWatch - November 7

Latest in New UK non dom concession ‘accelerates’ wealthy people’s exit plans