Written Question·Treasury·UIN 122279

Taxation: Domicil

Tabled: 19 March 2026

Answered: 26 March 2026

Question

James Wild

To ask the Chancellor of the Exchequer, what estimate she has made of the impact on Exchequer revenues of high net worth individuals leaving the UK in each year since 2024.

Answer

Dan Tomlinson

There is no single agreed definition of a high net worth individual, and taxpayers are not always required to inform HM Revenue and Customs when they leave the UK. Some individuals may submit a P85 after leaving the UK if they are seeking a repayment of i...

ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 122279) →