JITU SHAH

PRICE BAILEY

Category
Tax Accountants
Company Size
International

Jitu Shah is not happy with the way the government is handling tax legislation. ‘They keep bringing in new legislation in different areas on a rolling basis,’ he says. ‘One minute clients are worried about the non-dom regulations and inheritance tax is fine, then suddenly it flips and clients are facing a whole new set of worries.’ Of the non-dom fandango, he says: ‘It’s too radical a change — it’s frightening the richer clients and giving them motivation to leave the country… Clients have done extensive planning based on the law at the time, they’ve made all the arrangements. The government has changed the law so significantly. All the planning they [HNWs] did in the past has to be thrown out of the window.’

Jitu Shah