thewealthnet

Migrants account for a quarter of top earners, HMRC data shows

News Team, 24/09/2020

Over a quarter of the best paid people in the UK are migrants, analysis of anonymised tax returns collected by HMRC has found.

Meanwhile among low-income groups, a lower figure (around one in six) were born outside the UK.

Immigrants made up more than a quarter of the top percentiles’ income share in 2018, up from 18 percent in 1997.

An inflow of high-income finance workers can account for much of the observed rise in top-income shares over the past two decades....


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