Fund managers to lose out on non-dom fees

Nicholas Neveling, 27 Mar 2008

UK fund managers could lose non-dom clients to foreign rivals, even if their clients do not flee the country following the tax crackdown

Written by Nicholas Neveling

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They needn't be worried
It is healthy that business moves away from the UK.

The non-dom rules are a blessing for other European financial centres.

There was too much concentration of financial activity in London at the expense of other European locations where people are equally qualified.
Posted by: Jerome, 28 Mar 2008

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