UK Non-Dom Exits Seen Hitting at Least 10%, With More to Come
At least 10% of the UK's wealthy non-dom population have left the country following tighter tax rules introduced by Prime Minister Keir Starmer's Labour government, according to a new report authored by a former Treasury economist.
The estimate, based on an analysis of data from Henley & Partners on the decline in London's millionaire population in 2024, features in a report by Chris Walker, a former member of the government economic service and founder of consultancy Chamberlain Walker Economics. The report was commissioned by Andrew Barclay, an entrepreneur and policy fellow at the centre-right Onward think tank.
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