Ferrari has announced a significant reduction in its supply of vehicles to the UK market in response to recent changes in the country’s non-domiciled (non-dom) tax rules. The Italian luxury carmaker’s decision follows revisions aimed at tightening tax reliefs for wealthy individuals, a move that threatens the appeal of high-value imports. This development underscores rising tensions between the UK government’s fiscal policies and the strategies of luxury brands dependent on affluent clientele, potentially reshaping the dynamics of the high-end automotive market.
Ferrari Scales Back UK Deliveries Amid Non-Dom Tax Overhaul
Ferrari has announced a significant reduction in the supply of its vehicles to the United Kingdom following recent reforms to the country’s non-domiciled (non-dom) tax rules. The luxury carmaker cited uncertainties in tax liabilities and a more complex financial environment as driving forces behind the decision to scale back deliveries. This move reflects broader…
—-
Author : Charlotte Adams
Publish date : 2025-10-17 15:39:00
Copyright for syndicated content belongs to the linked Source.
—-
1 – 2 – 3 – 4 – 5 – 6 – 7 – 8