Oral Answers to Questions

Luke Pollard Excerpts

Tuesday 14th November 2023 Commons Chamber

[Laura Trott]

I was pleased to see this morning’s figures, which show that wages are going ahead of inflation. This is very good news and I hope it spreads to Scotland.

[Luke Pollard (Plymouth, Sutton and Devonport) (Lab/Co-op)]

18. Whether he plans to change the tax status of non-domiciled residents in the UK.

[The Financial Secretary to the Treasury (Nigel Huddleston)]

The Government want the UK to have a fair and internationally competitive tax system, designed to bring in talented individuals and investment that contributes to the growth of the UK economy. Non-domiciled individuals play an important role in funding our public services through their taxation contributions, and they pay UK tax on their UK source income and gains in the same way as everybody else.

[Luke Pollard]

The non-dom tax status allows people to dodge millions in taxes. Germany, France and Canada have closed their non-dom tax loopholes. Can the Minister explain to taxpayers in Plymouth and across the country why he thinks it is fair that people who live here do not pay their taxes here?

[Nigel Huddleston]

As I said in the answer I gave some moments ago, non-dom taxpayers make a significant contribution to UK tax, worth £8.5 billion in 2021-22, with £7 billion more invested. The City, for example, pays half the cost of the NHS.