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One of South Africa’s richest women may come home | SA News

Malcolm Libera
 ·18 Jun 2025

One of South Africa’s richest women, Magda Wierzycka, is considering returning home from the United Kingdom (UK) after nearly a decade abroad due to tax reforms that could significantly erode her wealth.

The changes form part of the UK’s overhaul of its tax treatment of non-domiciled residents, or “non-doms”, announced in the Autumn 2024 Budget.

The reforms represent a financial tipping point for people like Wierzycka, who moved to Britain for safety and business reasons.

Under the existing regime, non-doms who have lived…

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