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ANALYSIS | Super-rich may quit UK over Labour plans for inheritance taxes on trusts

by Theinsightpost
June 23, 2024
in International
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ANALYSIS | Super-rich may quit UK over Labour plans for inheritance taxes on trusts


Labour leader Keir Starmer. (Daniel Leal-Olivas/AFP).

Private banks and advisers to Britain’s super-rich say some clients may quit the country if Labour wins next month’s general election and pushes ahead with plans to abolish tax protections on offshore wealth they wanted to pass to future generations.

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