Labour crackdown on non-doms may raise no money says Guardian report

James Quarmby who is partner of Stephenson Harwood, commented on ‘why this Guardian article is significant

It is unlikely that there will be any major shift in government approach

The study covered more than 300 family office professionals managing a combined $155bn in assets

There is speculation it could be a target in the Budget on 30 October

It has an ‘outcome-focused’ approach by targeting cash plus 4% on an annual basis

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