thewealthnet

Non-dom numbers stabilise as ‘political hot potato’ falls off radar

Katie Royals, 30/07/2021

The “political hot potato” of non-doms has largely fallen off the radar of politicians. This is partly because over the previous three years, the number of non-domiciled taxpayers has stabilised at a lower level.

A significant number have either become domiciled, or are no longer paying tax in the UK.

In the tax year ending 2020, HMRC estimates that 75,700 individuals claimed non-domiciled taxpayer status in the UK on their Self Assessment (SA) tax returns, down from 78,600 in the previous year.

However, Rosie Hooper, a chartered financial planner at Quilter, believes the non-dom reforms have been “a bit...


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