(asked on 22nd February 2023) - View Source

Question to the HM Treasury:

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 by
Baroness Penn Portrait
Baroness Penn
This question was answered on 8th 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.

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