Mind, there's only 113,000 non-doms in the UK.
It must weigh on Sunak's mind, what with his wife holding income-generating assets abroad and being a shareholder in her father's company Infosys?
And the hedge fund that Sunak owns with his Swiss-resident buddy. Luckily they invested in Modena, one of those virus-busting drugs. But of course, Sunak is now the 'blind trustee' of the fund, so we'll never know what goes on.
Those last couple of items would play against the positive brand that the Chancellor has been at pains to curate.
But, of course, it's other news today of the hike in Corporation tax unless your business makes less than £50k, in which case it stays the same at 19%.
And then there are the free-ports where one can import items without incurring tariff charges. Less paperwork? I'm sure there will be other advantages to be gleaned, once the lads have had a look into it.
The Casino is quietly opening.
No comments:
Post a Comment