“SOD OFF And Live Abroad” | Labour Sets Plans To Tackle Tax Dodgers



Labour vows to finance NHS and school breakfast club initiatives by cracking down on tax dodgers, according to Shadow Chancellor Rachel Reeves.

The party aims to generate £5 billion annually by increasing resources for tax authorities.

This move comes as the party seeks to cover budget shortfalls resulting from the Government’s decision to abolish non-domiciled tax status. They plans to raise an additional £2.6 billion by closing loopholes in the ‘non-dom’ exemption elimination scheme.

Non-doms are individuals living in the UK but considered permanent residents elsewhere for tax purposes, allowing them to avoid UK taxes on foreign earnings.

Julia Hartley-Brewer speaks with Spiked Online editor Tom Slater.

#news #politics #money #fiance #uk #government #talktv #talkradio

source