Labour examines tax loopholes following Hunt's criticisms of non-dom plans

Published: May. 4, 2024

Having lost one of its major revenue sources to the latest budget presented by Jeremy Hunt, Labour is scrambling to finance its ambitious spending promises. By eliminating tax loopholes and reducing waste, the party intends to compensate for the sudden shortfall. However, the manner in which this will specifically be achieved remains unclear, leaving room for speculation and anticipation for the public and political observers alike.