Globally mobile millionaires threaten to desert Britain over tax

Bassim Haidar may move to Greece or Monaco due to PM Starmer's inheritance tax revisions potentially ending the non-dom regime. He suggests a 150,000 pound tax on £5 million wealth. Patriotic Millionaires advocate a 2% tax on £10 million. UBS predicts a 17% decline in UK millionaires.

Jul 20, 2024 - 17:30
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Globally mobile millionaires threaten to desert Britain over tax
Bassim Haidar may move to Greece or Monaco due to PM Starmer's inheritance tax revisions potentially ending the non-dom regime. He suggests a 150,000 pound tax on £5 million wealth. Patriotic Millionaires advocate a 2% tax on £10 million. UBS predicts a 17% decline in UK millionaires.

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