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High-tax Britain loses 1,200 non-doms
['Hans Van Leeuwen', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
The number of wealthy non-dom taxpayers shrank by 1,200 last year amid warnings that Labour's tax rises could push even more rich people offshore.
New figures from HMRC reveal that 9,000 non-doms – foreign investors living in Britain – left the country or changed their tax status in the financial year ending April 2025.
A further 800 "deemed-domicile" taxpayers – former non-doms who have since become British tax residents – also quit the UK, for an overall net reduction of 1,200.
Overall, the number of non-dom and former non-dom taxpayers dropped to 81,900, according to the HMRC data.
Rishi Sunak's Conservative government made it harder to get non-dom status, and Rachel Reeves, the former Labour chancellor, scrapped it altogether.