To ask His Majesty's Government what estimate they have made of the net change in revenue to His Majesty's Revenue and Customs of abolishing the non-domiciled individual status in the UK.
Answered on
8 March 2023
HMRC publishes annual statistics on information about individuals claiming non-domiciled status in the UK. The latest information shows that non-UK domiciled taxpayers are estimated to have been liable to pay over £7.9 billion in UK income tax, capital gains tax and National Insurance contributions in 2020-21 and have invested over £6 billion in the UK using the Business Investment Relief scheme introduced in 2012.
Answered by
Treasury