Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make it his policy to abolish non-domiciled tax status.
The Government wants the UK to be a destination that will attract talented people to work and to do business. Having a tax system that is internationally competitive brings in talent and investment which contributes to the growth of the economy.
Non-doms play an important role in funding our public services through their tax contributions, and in the tax year ending 2021 non-domiciled taxpayers were liable to pay £7,896 million in UK Income Tax, Capital Gains Tax and National Insurance Contributions.
The Government keeps all tax policy under review.