Article 5XXKK Non-doms: 12% of residents in London’s richest parts claimed status in 2018

Non-doms: 12% of residents in London’s richest parts claimed status in 2018

by
David Batty
from World news | The Guardian on (#5XXKK)

More than one in 10 paid no tax on offshore income in Kensington and the Cities of London and Westminster

More than one in 10 residents of some of London's wealthiest neighbourhoods have claimed non-dom" status at some point, meaning they paid no tax on their offshore income.

UK-based people who have benefited from this special tax status by claiming another country as their legal domicile" made up more than 12% of residents in two parliamentary constituencies in 2018 - Kensington, and the Cities of London and Westminster, according to an analysis of HM Revenue and Customs data. In five of the most affluent council wards they accounted for more than a quarter of residents.

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