Written Question·Treasury·UIN 34325

Wealth: Overseas Residence

Tabled: 27 February 2025
Answered: 7 March 2025

Question

Lee Anderson

Reform UK — Ashfield

To ask the Chancellor of the Exchequer, what steps she is taking to encourage high net wealth individuals to remain in the UK.

Answer

James Murray
The Government’s priority is improving the UK’s competitiveness internationally and securing economic growth. The non-dom reforms have been specifically designed to make the UK competitive with a modern, simple tax regime that is also fair. The reforms es...
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