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Evening Standard
Evening Standard
Business
Simon Hunt

Number of new non-doms drops 40% in a year, says HMRC

HMRC United Kingdom London

(PA)

(Picture: PA Archive)

The number of new UK non-doms has tanked 40% in the past year, data released today shows, in fresh signs the world’s richest may be shirking a move to London for other global investment destinations.

UK residents who opted to take advantage of the tax status fell in the 2020-2021 tax year from 14,200 to 8,500, a freedom of information request to UK tax collector HMRC has shown.

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