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I don't have any numbers I hugely trust, but this report has been doing the rounds: https://www.independent.co.uk/news/uk/home-news/uk-millionaires-non-dom-tax-
by rich_sasha 1y ago
I don't have any numbers I hugely trust, but this report has been doing the rounds: https://www.independent.co.uk/news/uk/home-news/uk-millionaires-non-dom-tax-rachel-reeves-b2775646.html https://www.independent.co.uk/news/uk/home-news/uk-millionai...
Apparently UK is losing twice as many millionaires as China and while, granted, there may be restrictions on leaving, but still, the population is about 20x bigger.
The article seems to be paywalled for me, so sadly I didn't get to their hard evidence bit.
- hermitcrab 1y ago"An estimated 16,500 millionaires are set to leave" That is not the same as people actually leaving. Also I am happy for them to&^%$ off and not pay tax somewhere else. Good riddance.