Finance UK budget: Opportunity for Ireland as Jeremy Hunt mulls non-dom shake-up

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 1 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 71%

Finance News

UK Budget,Jeremy Hunt,Ireland

Jeremy Hunt is looking to raise revenue in Wednesday’s budget but one mooted move could make Ireland an attractive destination for investors. Jeremy Hunt may try to steal a march on Labour's flagship policy and scrap or scale back tax breaks for non-domiciled individuals, as he faces a fiscal forecast that leaves little room for pre-election tax cuts.

Jeremy Hunt is considering scrapping or scaling back tax breaks for non-domiciled individuals in the UK budget. This move could make Ireland an attractive destination for investors. The measure has been a key revenue-raiser for the Tories, but it would also cause a headache for Labour and shadow chancellor Rachel Reeves.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines