
UK’s Farage promises non-doms protection from tax on overseas assets
Nigel Farage’s Reform UK party is offering non-doms full exemption from tax on their overseas assets for a fee of £250,000 ($335,000) every 10 years with the revenue redistributed to lower income workers, drawing a new battle line with Britain’s traditional parties. Farage’s proposal pits him against both the Conservatives, which last year abolished non-dom…