B

Baroness Neville-Rolfe (Con)

Speaking in the House of Lords on 21 May 2026

Debate

Higher Earners: Emigration

Contribution

My Lords, we should encourage rich people to reside and stay in the UK, as, for example, the top 1% of those paying income tax contribute 29% of receipts. Unfortunately, government policies not only on non-doms but on inheritance tax and other taxes have encouraged them to leave in large numbers—young as well as old people. Since this is against the national interest, will the Government adjust their policies to reverse this unfortunate trend and study the detail further?

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