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Tory plans to abolish non-dom status riddled with loopholes, Labour says

UK News: Analysis suggests wealthiest would save millions and Sunak’s own family could benefit to tune of £250m

Conservative plans to abolish non-dom status are riddled with loopholes worth hundreds of millions of pounds for the wealthiest people in the country, Labour has claimed.

Analysis by the party found that the policy, announced by Jeremy Hunt in this month’s budget, could theoretically see Rishi Sunak’s family benefit from tax savings of nearly £250m. Continue reading…
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