investing
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The non-domiciled (non-dom) tax status has long allowed UK residents claiming a permanent home abroad to avoid UK tax on foreign income—provided it stays offshore. This complex and often controversial system, not tied to citizenship, has enabled many non-doms to live in the UK, own expensive properties, and use public services while shielding overseas earnings.
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Introduction On June 23, 2016, the United Kingdom voted to leave the European Union, a decision that culminated in its formal exit on January 31, 2020, and reshaped its economic, political, and social fabric. Brexit has left an indelible mark on critical sectors—electricity, gas, water, oil, agriculture, fishing, technological advancement, aviation, and nuclear power—while altering
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Money, whether in the form of US dollars, British pounds, or euros, consistently loses value over time, even when it appears stable. This phenomenon, known as money devaluation, is largely driven by inflation—the gradual increase in the prices of goods and services. Inflation erodes the purchasing power of money, meaning that cash saved today will
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