UK 'Non-Dom' Exodus Fears May Be Overblown as Numbers Fall by 0.5%
UKPulse Money Desk
New data suggests that concerns about a mass exodus of 'non-doms' from the UK due to tougher rules may be exaggerated, with numbers falling by only 0.5% in 2024-25.
- The number of UK 'non-doms' decreased by 0.5% in 2024-25.
- Data casts doubt on claims that tougher rules would lead to wealthy individuals leaving the UK.
Fears of a significant exodus of 'non-doms' from the UK may be overblown, according to new data. The number of non-domiciled individuals in the UK reportedly fell by just 0.5% during the 2024-25 period.
This data appears to cast doubt on previous claims that stricter rules for non-doms would result in wealthy individuals leaving the country.