M
Member
Speaking in the House of Commons on 3 March 2025
Debate
Finance BillContribution
I turn to the amendments tabled by the Government, then those tabled by the Opposition, on Report. As hon. Members will be aware, one measure that the Bill delivers is our commitment to remove the outdated concept of domicile status from the tax system. From 6 April 2025, it will be replaced by a new residence-based regime, ensuring that everyone who makes their home in the UK pays their taxes here, with our approach raising an additional £12.7 billion in revenue over the forecast period.
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