The problem with non-doms isn’t what you think it is
The IndependentThe best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. While many people would agree with Labour’s assertion that the non-dom concession is “outdated and unfair”, it is also taking a decidedly old-fashioned view to believe the non-doms will stay once the benefit is removed. A study from the London School of Economics last year reckoned that non-doms in the UK receive at least £10.9bn in offshore income each year, which they are not required to report to HMRC or pay tax on in the UK. Many non-doms are entrepreneurs and if they went, they would take their businesses – and the jobs they’ve created – with them.
History of this topic
Scrapping non-dom tax regime ‘will cost Britain £6.5bn’
The Telegraph
What is non-dom tax status and how do Labour want to change it?
The Independent
Labour plans tax avoidance crackdown to fill ‘non-dom’ gap
The Independent
Non-dom tax status abolished in Jeremy Hunt’s 2024 Budget
The Independent
Jeremy Hunt’s non-dom tax ploy is straight out of the George Osborne playbook
The Independent
Record tax haul from non-doms triggers fears of wealth creator exodus
The Telegraph
Tories represent constituencies with the highest number of non-doms in the country, Labour analysis shows
The Independent
What is ‘ghost dom’ status?
The Independent
Labour pledges to scrap non-dom tax break after Rishi Sunak’s wife status revealed
The IndependentDiscover Related
