[theold]

Britain’s non-dom tax system, which enables people living in Britain to pay little or no UK tax on money earned overseas, has long been a point of contention in Britain, and the former Conservative government had also set out plans to toughen the rules.

But the Labour Party said it would go further, expanding Britain’s inheritance tax regime to include foreign assets held in trusts designed to mitigate such levies.

https://www.malaymail.com/news/money/202...lth/151797