Information on investigations relating to and applications for non-domicile status are not held centrally and could be collated only at disproportionate cost.So there we actually have the facts from the Government on what it knows, which is not very much. They don't record the numbers for a start, and what numbers they do record are only for people filling about self-assessment forms anyway. You can guarantee that the 115,000 figure will continue to be thrown around of course as a statement of certainty and fact though.
Claims for non-domicile status are not all processed separately from the overall tax assessment and are, therefore, not recorded separately. However, HMRC does know the number of taxpayers who have indicated non-domicile status through self-assessment.
Thursday, October 11, 2007
Treasury: Counting non-doms will cost too much
As many will know, the Government says that there are only 115,000 people in Britain claiming non-domicile tax status. After they said this the Treasury back-peddled and said that its figures were not reliable, but this has not stopped Labour MPs and ministers repeating the figure as gospel. Well all accept maybe the Financial Secretary, who told Parliament on Tuesday that,
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Gordon Brown yesterday claimed that only 15,000 could afford the £25k. Thats extremely suspect.
I can register as non-dom (from my own circumstances) but it wouldn't make sense for me to do so as I don't have a significant overseas income.
Doing so would complicate my life and increase my chances of facing a tax investigation which is always a pain the arse.
It is therefore only worth doing if you have significant earnings abroad.
If everyone who was eligible had actually registered as non-dom, the total number would run into millions and not 150,000.
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