Article 70TJN Ferrari cuts number of cars it sends to UK after tax changes

Ferrari cuts number of cars it sends to UK after tax changes

by
Mark Sweney
from World news | The Guardian on (#70TJN)

Non-dom regime was abolished in April and carmaker says some people are getting out of that country'

Ferrari has cut the number of cars it sells in the UK as wealthy individuals relocate overseas after tax changes and the abolition of non-dom status.

The Italian luxury carmaker reportedly began limiting the number of vehicles it exported to the UK about six months ago, in an attempt to stop a decline in their residual value.

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