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by Isofarro
335 days ago
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They already "open companies elsewhere". From the article, the non-dom status is a tax-exemption on a non-dom for profits and revenues from businesses outside the UK. If these non-dom billionaires leave, and they aren't currently paying tax, will we even notice? The housing market noticed; again from the article, the value of properties valued above £10m dropped by 37%. So these "just leavers" aren't just leaving, they are taking a near 40% hit on selling up. |
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