More Than 10% of Non-Doms Already Gone From UK

A new report written by ex-Treasury economist Chris Walker estimates that more than 10% of non-doms have already packed their bags and fled the UK thanks to Labour scrapping the non-dom tax status. Another big blow to Reeves…

The report titled UK Non-Doms Tax Reform: A Critique and Retrospective Analysis estimates 26,000 non-doms – out of 238,000 who claimed non-dom status in the last 18 years – have left the UK based on figures from Henley & Partners on the number of millionaires leaving London in 2024.[…] Read the rest