{"id":94828,"date":"2026-08-13T07:13:21","date_gmt":"2026-08-13T06:13:21","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=94828"},"modified":"2026-08-13T07:13:21","modified_gmt":"2026-08-13T06:13:21","slug":"the-wealthy-do-not-flee-because-of-tax","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2026\/08\/13\/the-wealthy-do-not-flee-because-of-tax\/","title":{"rendered":"The wealthy do not flee because of tax"},"content":{"rendered":"<p>I missed this in <a href=\"https:\/\/www.ft.com\/content\/655a05ff-ec45-492d-a70e-4f8ba8dc141f?syn-25a6b1a6=1\" target=\"_blank\" rel=\"noopener\">the Financial Times<\/a> from 30 July:<\/p>\n<blockquote><p>The number of \u201cnon-doms\u201d [in the UK] dropped by less than 1 per cent immediately after UK ministers confirmed the end of the favourable tax status, further undermining claims that tougher rules would trigger an exodus of wealthy individuals.<\/p>\n<p>About 73,400 individuals claimed non-domiciled taxpayer status in 2024-25, a fall of 0.5 per cent or 400 compared with the previous year, according to figures published by HM Revenue &amp; Customs.<\/p>\n<p>The decrease reflected roughly 8,600 \u201cnewly arrived\u201d non-domiciled taxpayers in the period, while 9,000 people exited the category.<\/p><\/blockquote>\n<p>So, what was all the fuss about? Nothing at all, as it turned out.<\/p>\n<p>And did the change in the rules lead to a mass exodus from the UK? No, not at all, as I have always suggested would be the case.<\/p>\n<p>So, let's be clear: almost everything said about the wealthy and their willingness to flee from tax is total nonsense. Might we, therefore, politely ignore them in the future?<\/p>\n<p>And might we also do something else? Might we also ignore those so-called professionals who appoint themselves to speak on their behalf and who are, at best,\u00a0 peddlers of fear and misinformation? It's time we saw them as such.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I missed this in the Financial Times from 30 July: The number of \u201cnon-doms\u201d [in the UK] dropped by less than 1 per cent immediately<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2026\/08\/13\/the-wealthy-do-not-flee-because-of-tax\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,26,40,204,35,16,80,10,97,209,150],"tags":[],"class_list":["post-94828","post","type-post","status-publish","format-standard","hentry","category-accountancy","category-accounting","category-domicile","category-economic-justice","category-economics","category-ethics","category-secrecy-jurisdictions","category-tax-avoidance","category-tax-justice","category-taxing-wealth-report","category-wealth-tax"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/94828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=94828"}],"version-history":[{"count":2,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/94828\/revisions"}],"predecessor-version":[{"id":94830,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/94828\/revisions\/94830"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=94828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=94828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=94828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}