Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact on growth and investment of changes in levels of the number of people with non-domiciled tax status resident in the UK.

The government has published a policy note setting out its plan to remove the concept of domicile status from the tax system, and to implement a new residence-based regime which is internationally competitive and focused on attracting the best talent and investment to the UK. The details of this plan can be found on gov.uk at the link below:

https://www.gov.uk/government/publications/2024-non-uk-domiciled-individuals-policy-summary/changes-to-the-taxation-of-non-uk-domiciled-individuals

Full details of the reform will be provided at the Budget, including a Tax Information and Impact Note (TIIN), as is routine for tax policy.