Non-doms in London

Questions to the Mayor of London – answered at on 23 May 2022.

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Photo of Zack Polanski Zack Polanski Green

A report published in April 2022 by Warwick University states that most non-domiciled individuals (‘non-doms’) reside in and around London, representing over a tenth of adults living in Kensington and the Cities of London and Westminster. What are you doing to encourage non-doms to pay UK taxes and thereby contribute to the funding of our public services in London?

Photo of Sadiq Khan Sadiq Khan Mayor of London

The government must do more to crack down on the loopholes which mean some of the richest in our society aren’t paying their fair share of tax, and I welcome any proposals to reform the ‘non-dom’ taxpayer status in the UK to ensure that in future they do.

As an example of a step that could be taken, I have called on the government to make property ownership transparent by drawing up a register of UK properties owned by overseas individuals and companies. A lack of transparency in the legal and beneficial ownership of companies and individuals who own UK property could be aiding offences such as tax evasion and money laundering, as well as hiding the assets of those who would come under any possible sanctions regime.