Rishi Sunak and Jeremy Hunt have been accused of shielding the super-rich from paying their fair share of tax by refusing to abolish the non-dom loophole.
The chancellor said on Friday it would be the “wrong thing” to end the controversial arrangement for those who live in the UK but pay no tax on their offshore income.
Mr Hunt disputed suggestions the move could raise £3 billion per year, arguing he would rather “would rather they stayed here and spent their money here” instead of moving abroad.
Sir Keir Starmer accused the government of having “gone after working people” with tax hikes while doing “nothing about non-dom status”.
“The super-rich are not paying their taxes in this country,” the Labour leader told broadcasters during a visit to Swindon.
Shadow chief secretary to the Treasury Pat McFadden said the Conservatives were refusing “to make fairer choices”.
“They continue to shield non-doms from paying their fair share of tax in Britain, leaving billions on the table,” he said.
