Non-domicile Status

Lord Grocott Excerpts

Tuesday 28th January 2025 Lords Chamber

[Lord Petitgas (Con)]

My Lords—

[Lord Grocott (Lab)]

My Lords—

[Captain of the Honourable Corps of Gentlemen-at-Arms and Chief Whip (Lord Kennedy of Southwark) (Lab Co-op)]

There is plenty of time for both noble Lords to ask a question. We will have the noble Lord, Lord Petitgas, first, and then my noble friend.

[Lord Livermore (Lab)]

I am very grateful to the noble Lord for passing on the feedback that he heard. I am assuming that he agrees with this Government’s policy on non-doms, since he was an adviser to the previous Government when they actually took our policy, implemented it, and scored £20 billion for it. So I am assuming that he approves of our policy and of the fact that we are raising that revenue. The changes that we are making to the system to make it simpler and more attractive to use are based on speaking to the relevant stakeholders and ensuring that they find it attractive to use. As I say, the system that we are implementing is actually more competitive than the system that it replaces.

[Lord Grocott (Lab)]

Can I welcome very much my noble friend’s clear restatement of our commitment to this policy? It is right because it raises revenue, but it is also right in principle.

[Lord Livermore (Lab)]

I am very grateful to my noble friend for his comments. The Government are absolutely committed to addressing unfairness in the tax system so that everyone who makes their home in the UK pays their taxes here. It is absolutely right that we have the most competitive tax regime that we possibly can.