UK wealth industry fears tax squeeze on non-doms

Newswire

* 16,000 fewer 'non-doms' in 2008-9 vs 2007-8 * Update on govt review of taxing 'non-doms' likely in March * Advisers fear uncertainty keeping rich migrants away By Chris Vellacott LONDON, Feb 25 (Reuters) - Britain's government is under pressure to levy more tax on the offshore wealth of residents claiming foreign roots, forcing money managers to dilute reliance on London's colonies of rich expatriates. The government unveils its next annual budget in March and is expected to ...

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