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

Ferrari has decided to reduce the number of cars it exports to the UK, a move prompted by recent tax changes that have led many wealthy individuals to relocate abroad. The abolition of the non-dom tax regime in April has significantly impacted the luxury market, causing concerns over the residual value of their vehicles. This decision reflects broader economic trends and highlights the challenges luxury brands face in adapting to changing tax landscapes.
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