Why Ultra-Rich Businessmen Are Leaving Britain: The UK Exodus Explained

The exodus of the wealthy is primarily driven by the UK government’s decision to overhaul long-standing tax practices, including the abolishment of the 'non-domiciled' (non-dom) status. This regime previously allowed UK residents to avoid taxation on foreign income if they claimed their permanent home was abroad. 

from Zee News :World https://ift.tt/wfP9txN