{"id":178390,"date":"2025-06-12T12:38:14","date_gmt":"2025-06-12T12:38:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/178390\/"},"modified":"2025-06-12T12:38:14","modified_gmt":"2025-06-12T12:38:14","slug":"uk-business-exodus-spikes-after-non-dom-status-abolished-guido-fawkes","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/178390\/","title":{"rendered":"UK Business Exodus Spikes After Non-Dom Status Abolished \u2013 Guido Fawkes"},"content":{"rendered":"<p>        UK Business Exodus Spikes After Non-Dom Status Abolished    <\/p>\n<p>\t\t\t\t\tmdi-fullscreen<\/p>\n<p class=\"ai-optimize-6 ai-optimize-introduction\">Pro-tax campaigners have argued that <a href=\"https:\/\/order-order.com\/2025\/05\/06\/reeves-non-dom-crackdown-set-to-lose-treasury-over-12-billion\/\" target=\"_blank\" rel=\"noopener\">reports<\/a> of a \u201cmillionaire exodus\u201d are overstated. Not so\u2026<\/p>\n<p class=\"ai-optimize-7\">Bloomberg has <a href=\"https:\/\/www.bloomberg.com\/news\/features\/2025-06-11\/wealth-exodus-leaves-britain-counting-cost-of-taxing-non-doms?utm_source=website&amp;utm_medium=share&amp;utm_campaign=twitter?sref=yMmXm5Iy\" target=\"_blank\" rel=\"noopener\">analysed<\/a> five million company filings. Recent months have seen a huge spike in departures of business leaders. Over 4,400 have shifted overseas in the last year\u2026<\/p>\n<p class=\"ai-optimize-13\">There were only 74,000 non-doms as at the formal abolition of the tax status. If 18,000 leave then the tax will cost more than it raises\u2026<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-524862\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/business-exodus-960x399.png\" alt=\"\" width=\"960\" height=\"399\"  \/><\/p>\n<p class=\"ai-optimize-14\">Exits in April are recorded to be 75% higher than the year before and the highest level in four years. The highest levels are seen in finance, insurance, and real estate. Popular with non-doms\u2026<\/p>\n<p class=\"ai-optimize-15\">Wealthy non-doms are going to Switzerland, Italy, Monaco, and Cyprus. Back in Blighty Reeves is plotting to come back for more in Autumn\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"UK Business Exodus Spikes After Non-Dom Status Abolished mdi-fullscreen Pro-tax campaigners have argued that reports of a \u201cmillionaire&hellip;\n","protected":false},"author":2,"featured_media":178391,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1700,73546,16,15],"class_list":{"0":"post-178390","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-non-dom","11":"tag-uk","12":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114670436810373501","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/178390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=178390"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/178390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/178391"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=178390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=178390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=178390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}