Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what recent estimate her Department has made of the potential impact of ending the non-domiciled tax status on revenues to the Exchequer.
| 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | 2029-30 |
Post behavioural Costing £bn | 0.0 | -0.1 | 9.5 | 13.1 | 6.8 | 4.5 |
A supplementary forecast information release around the costings of reforms to the non-domicile regime was published by the Office for Budget Responsibility in January 2025. This costing outlines the certified impact of ending the non-domiciled tax status on revenues to the Exchequer.
https://obr.uk/docs/dlm_uploads/Non-doms-supplementary-release-Jan-2025.pdf