VerbatimParliament, as it happens

Wealth: Emigration

Asked by Rupert LoweRestore BritainTreasuryTabled Answered 11 March 2025UIN 35895

The question

To ask the Chancellor of the Exchequer, if she will make an estimate of the number of high net worth individuals that have left the UK in each of the last ten years.

Answered by James Murray

The Government does not routinely collect or publish data on the total number of taxpayers becoming non-resident during each tax year. Taxpayers are not obliged to tell HMRC that they have left the UK, and may drop out of HMRC’s data for another reason.

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