Ferrari cuts number of cars it sends to UK after non-dom tax status scrapped
The Guardian —
Carmaker says reasons for reduction include that some wealthy people ‘are getting out of the 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. Continue reading...