A wave of fiscal reforms, including the abolition of the non-dom regime, rising inheritance tax and uncertainty around future policy, has sent a message that the UK is no longer a friendly home for wealth. Can Britain reverse the tide on the recent increase in UHNW departures from the UK?
Stuart Crippin, head of the private client team at Seddons GSC and Spear’s Top Recommended tax lawyer summarised the UK’s image problem: ‘One of the biggest challenges for the UK government is to change an international perception of the UK as being a country somewhat in decline.’
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