Skip to main content

Taxation: Domicil

Volume 470: debated on Tuesday 8 January 2008

To ask the Chancellor of the Exchequer what assumptions he made in estimating the revenue raised from modernisation of residence and domicile taxation in table B4, page 164 of the pre-Budget report, about (a) the number of non-domiciles who would pay the new £30,000 charge, (b) the gain from non-domiciles who choose to bring their tax affairs on-shore and (c) other factors, for (i) 2009-10 and (ii) 2010-11. (162314)

The assumptions underpinning the proposed tax charge on remittance basis users, and the resulting figures, are set out in the consultation document ‘Paying a Fairer Share: a consultation on residence and Domicile’ which was published on 6 December.