Wealth: Overseas Residence
Commons · Question 34325 · Tabled 27 Feb 2025 · Treasury · Official record
Answered 7 Mar 2025
Question
Asked by Lee Anderson
To ask the Chancellor of the Exchequer, what steps she is taking to encourage high net wealth individuals to remain in the UK.
Answer
Answered by James Murray, 7 Mar 2025
The Government’s priority is improving the UK’s competitiveness internationally and securing economic growth. The non-dom reforms have been specifically designed to make the UK competitive with a modern, simple tax regime that is also fair. The reforms es...